On 2-1-17, I signed a 12 month lease on a house in Albany, GA. The property and lease are managed through a property management company. I have learned that the property is now in foreclosure. Ameris Bank took possession of the property 3-7-17. It is my understanding that the property is to be auctioned in the near future. I am not interested in buying the home. The property management company says I am bound to the lease, but the bank officer at Ameris tells me my lease is not binding if the new owner has other intentions for the property . I moved here from out of state to care for my father who is battling cancer. I need to be settled somewhere! Do I need an attorney?
What should I do? Thank you for your help.
Presuming the foreclosure process is complete and the bank or other purchaser at the foreclosure sale, or purchaser after the sale, now holds title to the property, your LL is no longer the owner and you should not pay them any more rent, and your lease with the LL is no longer enforceable, since the date of the foreclosure sale. Technically, you are now a tenant of the bank/new owner and technically you owe them rent. They will be able to evict eventually. Therefore, and generally speaking, you should start looking for a new place to live.
Years licensed, work experience, educationLegal community recognition
Peer endorsements, associations, awardsLegal thought leadership
Publications, speaking engagementsDiscipline