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Updated over 13 years ago,

Cheryl C.'s profile image
Cheryl C.'s profile image
Cheryl C.
  • Investor
  • from Reston, VA
  • Member since Mar 24, 2011
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683
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190
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Cheryl C.'s profile image
Cheryl C.'s profile image
Cheryl C.
  • Investor
  • from Reston, VA
  • Member since Mar 24, 2011
Connect
Cheryl C.
  • Investor
  • Reston, VA
190
Votes |
683
Posts
Tax, SDIRAs & Cost Segregation

Reo with tenant who paid rent in advance

Cheryl C.
  • Investor
  • Reston, VA
Posted

I know (or believe) that there are laws in place to protect a tenant's lease in the event of foreclosure. I looked at a property today that is being auctioned online. The tenant told me that she paid her landlord 6 months in advance per LL's requirement and her lease.

What happens if I buy this property? Does she have to pay me rent? Is she protected by the prepay?

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