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About Jonathan Dever, Esq
Expertise
Real Estate Law, Buying Selling, Investor, all types of acquiring property through "creative techniques" and fraud avoidance

Experience
Super Lawyer by Law and Politics for the last three years, part of over 900 transactions in the last 6 years

Organizations
Ohio Bar Assn Greene County Bar Assn Champaign County Bar Assn

Publications
Personal web site and web articles

Education/Credentials
JD - Capital University MA - IU of Penn BA - U of Cincinnati

Awards and Honors
Super Lawyer 2005, 2006, 2007 Who is Who, Lawyers 2006, 2007

 
   

You are here:  Experts > Real Estate > Apartment Living/Rental > Real Estate Law (esp. Landlord-Tenant) > Landlord going through bankruptcy

Real Estate Law (esp. Landlord-Tenant) - Landlord going through bankruptcy


Expert: Jonathan Dever, Esq - 7/26/2008

Question
We are unsure, but it looks like our brand new landlord (we haven't signed a lease yet!) might be going through bankruptcy soon.

As long as there is no clause in the lease, our agreement with the current landlord stands through the end of our lease, right? Does it matter if the condo goes to the bank, a new owner, or somewhere else?

Thanks!

Answer
If your landlord goes through a bankruptcy, you will be contacted by a Bankruptcy Trustee.  This person will give you instructions on what to do.  Until and unless you are contacted by a third party with Court authority, you are still obligated to pay rent to the landlord.

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