[celesterust]

Tiz the Bomb, Celeste Rust, Field & Main Bank, Group 2

[celesterust]

We have quite a few rental properties on our books. One of the few times I’ve seen foreclosures since I’ve been with the bank was when we got back several houses all at once that all belonged to one borrower. (This was prior to the June date.)
The information I’ve read says a successor in interest may terminate a lease effective on the date of sale of the unit to a purchaser who will occupy the unit as a primary residence, subject to the receipt by the tenant of the 90 day notice – what if the property is resold as rental property?
Thanks,
Celeste

[Author]

Posts