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Foreclosure information for renters
What you should know if your landlord is foreclosed upon.
If your landlord is foreclosed upon you do not have to move out today.
- Foreclosure does not change the terms of your lease
- You and your landlord must continue to follow the terms of your lease
- You must keep paying rent unless you have a legal reason to withhold it
- Your landlord must keep the property repaired
- Utilities must be paid under the terms of your lease or under state law
- Moving out of the property early might be a violation of your lease
- Read your lease to see if it says anything about your rights if the property is in foreclosure
- You and your landlord must still give legal notice to end your lease
- Your landlord has six months after the sheriff’s foreclosure sale to pay off the mortgage
- If your landlord does not stop the foreclosure, there will be a new owner of the property
- The new owner may have the legal right to ask you to move even if your lease is not over, but they must still give you a written notice stating they want you to leave
For more information, contact:
Centro Legal
Hablas Español
(651) 642-1890
http://www.centro-legal.org
HOME Line
(866) 866-3546
http://www.homelinemn.org
Law Help Minnesota
http://www.lawhelpmn.org
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