What are my rights as a tenant during a foreclosure?

September 6th, 2011 by admin

Hi. I have a verbal month to month agreement with my landlord in New York State. She recently stopped paying the mortgage and the house is going to go into foreclosure. I got the paperwork from the attorney handling it back in November. My lanlord states that I have to continue to pay her the rent each month of $400. Is this true? I’ve heard from other sources that I can continue to live in the house with out paying my landlord until the bank gives me a 60 day notice to move.

Thanks for all your help in advance!

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