What to do if our landlord file for bankruptcy 9 months ago?
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What to do if our landlord file for bankruptcy 9 months ago?
We just received notice that the home we are living in was sold at auction and the new landlord just gave us a “5-day notice” to vacate. What are our rights?
Asked on October 25, 2012 under Real Estate Law, Virginia
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
If the house that you are renting was lost in a foreclosure, then under federal 2010 law, you are entitled to continue living in it if there is time remaining on your lease so long as you are not in breach of the contract until the lease is up.
If you are are on a month-to-month lease, your new landlord is required to give you at least ninety (90) days notice of termination of your lease under this 2010 federal law.
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