Title: What Happens When Your Landlord Doesn't Pay the Mortgage to the House You Live In? | Pocketsense
Headings: What Happens When Your Landlord Doesn't Pay the Mortgage to the House You Live In?
What Happens When Your Landlord Doesn't Pay the Mortgage to the House You Live In?
Your Lease
Your Rent
Foreclosure
Other Considerations

Content: Your Rent
From a legal perspective, what the landlord does with the rent you pay is none of your concern. Rent skimming is not illegal except in California, where it’s illegal only during the landlord’s first year of ownership of a property. While it’s obviously frustrating to meet your obligation to someone who doesn't meet his obligation for the property you’re renting, that doesn't relieve you of the duty to pay the rent when due. If you withhold the rent, the landlord may initiate eviction proceedings against you, seriously damaging your credit rating. 00:00
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Foreclosure
Prior to the enactment of the Protecting Tenants at Foreclosure Act of 2009, tenants in properties that were foreclosed generally lost their leases and had to vacate the premises quickly. The act provides for leases to survive a foreclosure, and tenants without leases, called month-to-month tenants, must be given 90 days’ notice to move out. An exception is made when the new owner of a foreclosed property intends to live in it, in which case leases may be cancelled with 90 days’ notice. Your lease remains in force, and is a contract between you and the new owner. You should receive legal notice of the transfer of ownership and your rights and obligations, including payment of rent. Other Considerations
When properties are foreclosed, the lenders who usually assume ownership are not interested in spending more money than they have to, and will be reluctant to perform any but the most critical repairs.