Comments on: But I Paid the Rent!: Protecting Tenants at Foreclosure Act of 2009 http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/ South Carolina Real Estate Law and Issues Sat, 31 Jul 2010 11:14:05 +0000 hourly 1 http://wordpress.org/?v=3.0 By: admin http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1142 admin Thu, 24 Jun 2010 00:53:27 +0000 http://demottrealestate.com/blog/?p=206#comment-1142 Lauren, Here's a link to the Act. http://www.nlihc.org/doc/701-704-Public-Law-111-22.pdf. The notice triggers the 90 days beginning to run. Lauren,

Here’s a link to the Act. http://www.nlihc.org/doc/701-704-Public-Law-111-22.pdf. The notice triggers the 90 days beginning to run.

]]> By: Lauren Buttazzoni http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1118 Lauren Buttazzoni Thu, 06 May 2010 13:59:25 +0000 http://demottrealestate.com/blog/?p=206#comment-1118 Dear Russ: I am totally confused by when the 90 days begin. In your intro, and according to the Act, it simply says "90 days notice" but doesn't say WHEN that 90 days begins. Is it whenever you get notice from the REO agent? Or as you answer to some of the inquiries is it 90 days from some other triggering event? I am a tenant who just got a notice from the REO agent and this house is owned by Fannie Mae who does not intend to live in the house as its primary residence. My lease is not up for another year. From what I read above, can I stay until I get a 90 day notice FROM THE AGENT'S NEW BUYER? (whenever that may be????)I am a bona fide, etc. Thank you very much. Thank you. Dear Russ:

I am totally confused by when the 90 days begin. In your intro, and according to the Act, it simply says “90 days notice” but doesn’t say WHEN that 90 days begins. Is it whenever you get notice from the REO agent? Or as you answer to some of the inquiries is it 90 days from some other triggering event? I am a tenant who just got a notice from the REO agent and this house is owned by Fannie Mae who does not intend to live in the house as its primary residence. My lease is not up for another year. From what I read above, can I stay until I get a 90 day notice FROM THE AGENT’S NEW BUYER? (whenever that may be????)I am a bona fide, etc. Thank you very much.

Thank you.

]]> By: james http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1078 james Thu, 04 Feb 2010 22:26:08 +0000 http://demottrealestate.com/blog/?p=206#comment-1078 I lease in N Va. I have two months left in my lease. I just found out that my homeowner has not paid in two months and that it can be going into foreclosure next month unless they come up with three months worth of payments. What are my options for getting out of lease early or do I have to wait until forclosure is done? I lease in N Va. I have two months left in my lease. I just found out that my homeowner has not paid in two months and that it can be going into foreclosure next month unless they come up with three months worth of payments. What are my options for getting out of lease early or do I have to wait until forclosure is done?

]]> By: admin http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1074 admin Mon, 01 Feb 2010 23:27:42 +0000 http://demottrealestate.com/blog/?p=206#comment-1074 See a local attorney. But he's got to pay rent. Nothing in the act excuses that. See a local attorney. But he’s got to pay rent. Nothing in the act excuses that.

]]> By: narender http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1071 narender Sun, 31 Jan 2010 23:39:14 +0000 http://demottrealestate.com/blog/?p=206#comment-1071 I bought a foreclosure auction property where a tenant is staying. Initially he wanted to stay for remainder of the lease (05/15/2010). I agreed for that with his current rent. Now he is saying that he will not sign a new lease and will take 2 months to move and not willing to pay rent. I am willing to accommodate his needs but seems like he is trying to take advantage of my situation. What are my options here? I bought a foreclosure auction property where a tenant is staying. Initially he wanted to stay for remainder of the lease (05/15/2010). I agreed for that with his current rent. Now he is saying that he will not sign a new lease and will take 2 months to move and not willing to pay rent. I am willing to accommodate his needs but seems like he is trying to take advantage of my situation.
What are my options here?

]]> By: admin http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1065 admin Wed, 20 Jan 2010 13:06:23 +0000 http://demottrealestate.com/blog/?p=206#comment-1065 Joe, give me a call if you have questions about this. Let's discuss it privately. I am sorry you are going through this. Joe, give me a call if you have questions about this. Let’s discuss it privately. I am sorry you are going through this.

]]> By: Joe http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1064 Joe Wed, 20 Jan 2010 04:16:33 +0000 http://demottrealestate.com/blog/?p=206#comment-1064 I am a Charleston native on Active Duty stationed in Northern VA. My landlord, lost his property in a Trustee's Sale on Friday 1/15/10 at the Courthouse steps. I had not paid him the rent Jan 1st because due to his financial troubles and the fact he was going to auction. As we suspected he lost the house. But now, 4 days later he is coming to me saying that I am in default of the lease for non-payment and as such have forfeited my security deposit of $2400.00 and he was still demanding at least partial month's rent up until the 15th. He says he has the deposit, but I don't buy it. He wants to inspect the house before he returns it to me. Can he do this? I have been in contact with the Foreclosure attorney and we are working out a new lease agreement now. Rent was $2200 and I just fixed the heater ($450) last week and was told to take it out of the rent. Technically doesn't he owe me half the security deposit back plus the $450? Then he is covered for his 15 days of January ownership. I am a Charleston native on Active Duty stationed in Northern VA. My landlord, lost his property in a Trustee’s Sale on Friday 1/15/10 at the Courthouse steps. I had not paid him the rent Jan 1st because due to his financial troubles and the fact he was going to auction. As we suspected he lost the house. But now, 4 days later he is coming to me saying that I am in default of the lease for non-payment and as such have forfeited my security deposit of $2400.00 and he was still demanding at least partial month’s rent up until the 15th. He says he has the deposit, but I don’t buy it. He wants to inspect the house before he returns it to me. Can he do this? I have been in contact with the Foreclosure attorney and we are working out a new lease agreement now. Rent was $2200 and I just fixed the heater ($450) last week and was told to take it out of the rent. Technically doesn’t he owe me half the security deposit back plus the $450? Then he is covered for his 15 days of January ownership.

]]> By: Clint http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1058 Clint Tue, 08 Dec 2009 21:20:47 +0000 http://demottrealestate.com/blog/?p=206#comment-1058 I have a lease until the end of May 2010. Property was sold at auction on Nov 30, 2009. On Dec 1st the new owner came by...they are not moving in so we have until the end of May 2010. But the new owner wants the security deposit tha was in our original lease agreement. We did get the security deposit back from the property management company we originally signed the lease agreement with. Am I required to pay the new owner the same security deposit. The new law doesn't really cover this. I did pay the new owner the rent for December. I have a lease until the end of May 2010. Property was sold at auction on Nov 30, 2009. On Dec 1st the new owner came by…they are not moving in so we have until the end of May 2010. But the new owner wants the security deposit tha was in our original lease agreement. We did get the security deposit back from the property management company we originally signed the lease agreement with. Am I required to pay the new owner the same security deposit. The new law doesn’t really cover this. I did pay the new owner the rent for December.

]]> By: admin http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1057 admin Tue, 08 Dec 2009 02:50:53 +0000 http://demottrealestate.com/blog/?p=206#comment-1057 Yes. You can stay until the end of the lease unless the person purchasing the property at foreclosure will move into the property. In that case, you have 90 days to move. Yes. You can stay until the end of the lease unless the person purchasing the property at foreclosure will move into the property. In that case, you have 90 days to move.

]]> By: Monica http://demottrealestate.com/blog/but-i-paid-the-rent-protecting-tenants-at-foreclosure-act-of-2009/comment-page-1/#comment-1056 Monica Tue, 08 Dec 2009 00:38:50 +0000 http://demottrealestate.com/blog/?p=206#comment-1056 I have been renting my house for 10 mths from my landlord. I received a letter on December 3rd saying that the house is been sold on court house square on Jan 5th. I have a lease until Feb 2010. Do I get to stay in the house until the lease is up or sooner? What can I do to get my security deposit? Is there anything that I could do to the landlord? He told me that he has been fighting with the mortgage company for about 6 mths. I just want to make sure that Im not going to come home and find my stuff on the curb.. I have been renting my house for 10 mths from my landlord. I received a letter on December 3rd saying that the house is been sold on court house square on Jan 5th. I have a lease until Feb 2010. Do I get to stay in the house until the lease is up or sooner? What can I do to get my security deposit? Is there anything that I could do to the landlord? He told me that he has been fighting with the mortgage company for about 6 mths. I just want to make sure that Im not going to come home and find my stuff on the curb..

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