Foreclosure ? whats the process?
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just went thru foreclosure---was served papers by the sheriff a month or so went by many more letters(attorney) were sent to us..then the house went to a sheriff auction and from that point we had 180 days to vacate...was a state law called 180 day redemption--since your renting and are not the owner i'm not sure if a lease would supercede the owner being foreclosed. you probably want to consult a lawyer.
I would get ahold of your local fair housing agency to find out the laws in your area.
...you just asked this same question an hour ago.
If you are are a renter, and the home is foreclosed and sold, that constitutes as a termination of the lease as the landlord is no longer the owner of the property. It would depend on the laws of your state, but you may have as little as 30 days once the papers are served.
this article is a very interesting summary :
http://www.foreclosureinfousa.net...
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