AboutJonathan 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
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.