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Rental Nightmare!!!

Posted by Upset in NYState on August 17, 1998 at 08:38:08:

We live in Orange County, New York. Our lease is supposed to be
good until June 30, 1999 (as specified).

Our Landlord (unknown to us) let his house go into foreclosure, with
no intentions of stopping this action. We received a "Notice To Quit
Premises", and this is how we found out about the Landlord's situation.

Our problem is, we have no were to go right now, and we would like to buy
some time or have the bank (who now owns property) honor our lease. We do not
want to be evicted or cause any difficulties to any party.

The Lawyers (representing the Bank) have told us our lease is "null & void"
as of the date of the sale of the property. They also said the bank wants
the property vacant so it will sell quickly. Do we have any rights? We are
innocent bystanders who are now being forced to frantically search for a place
to live.

Can this Landlord legally enter a lease agreement for such a long-term (2yrs.)
when he knew in Nov. 1995 that foreclosure procedings were starting? And he had
no intention of paying his mortgage (he hasn't in over two years). He also
put a renewal clause in our lease for a 5 yr. term.

Please help!!! Thank you!!



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