Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Hi - my name is XXXXX XXXXX I'm a Real Estate litigation attorney here to assist you.
Yes, you're entitled to collect rent until the foreclosure occurs - you own the property until that time.
Once the foreclosure occurs, you're not entitled to any rent. However, under the Tenant's At Foreclosure Act, your tenant has a right to stay until the lease is up.
Once the forecloser is complete can either of the banks come after us for any portion of the unpaid mortgages?