Question by : Can the new owner of a foreclosed property collect back rent?
I recently found that the owner of the property I live on was in foreclosure. For this reason I’ve held on to 2 months of rent. We were informed that the property had been purchased and the new owner wanted to collect the back rent. Can they do that even if they did not own the property at that time?
Best answer:
Answer by bdancer222
Actually, it was not legal for you to withhold the rent in the first place.
The new owner may or may not be entitled to the back rent. It all depends on the terms of the purchase agreement. Maybe you should contact the former owner and ask it the back rent was passed to the new owner.
In any case YOU owe some one for that back rent.
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