A friend plans to rent townhome from owner who is walking away from mortage in minn.. Will he have any liabilities?

Asked almost 3 years ago - Minneapolis, MN

The owner plans to collect rent from friend until foreclosure process is completed in 6 to 12 months. What if any liabilities will he have for association dues, utilities etc.? Can bank come after him for anything? He will just move out when foreclosure happens. Other than moving expenses are their any other risks?

Attorney answers (3)

  1. Matthew Harvey Jones

    Contributor Level 6

    Answered . The tenant will have no responsibility for the debts and obligations of the townhome owner. As far as utilities go, that is a contractual arrangement between the homeowner and renter. Some rental agreements include utilities, but most do not and the renter will be responsible if they want the service.

  2. Jonathon Lee Farnsworth

    Contributor Level 8

    Answered . One other risk not mentioned by other attorneys who have answered is that there is a chance the bank could pursue an eviction to reestablish their ownership of the property. There is a small risk that the tenant could be named as a defendant to the action, which is part of a public record that could show up on future background checks, making it more difficult to rent in the future.

    The information provided herein is for informational purposes only and is not intended to create an attorney-... more
  3. Steven J. Fromm

    Contributor Level 20

    Answered . Only the legal title holder has exposure to these debts. A tenant is not responsible for any of these items, unless he signs a lease that calls for the tenant to be so responsible. So any lease needs to be looked at carefully before the tenant signs it.

    Hope this helps. If you like this answer and have a Google account , please hit the +1 sign above. It takes just a second to do this and it would be most appreciated and would help others. Thanks.
    Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia and Montgomery counties. He is authorized to handle IRS matters throughout the United States. His phone number is 215-735-2336 or his email address is sjfpc@comcast.net , his website is www.sjfpc.com. and his blog is

    LEGAL DISCLAIMER Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia... more

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