Legal Question in Real Estate Law in Florida

Florida foreclosure/ turning over a home to the bank

I started renting a house on a month to month lease in December that same month I was served with foreclosure papers. My landlord is now claiming he is going to turn the house over to the bank. Is this possible if the house is going into foreclosure? What is the process of giving a house to the bank? If he does turn the house over how long do I have to move out?

Thanks,

Rachel


Asked on 3/06/09, 12:25 pm

2 Answers from Attorneys
Brent Rose The Orsini & Rose Law Firm

Re: Florida foreclosure/ turning over a home to the bank

The landlord can turn the house over to the bank. If he does, you'll have anywhere from a few days to a few weeks to move out, on average.

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Answered on 3/06/09, 1:58 pm
David Shestokas Shestokas, & Associates

Re: Florida foreclosure/ turning over a home to the bank

The landlord can turn the house over to the bank. Usually if you have a month to month lease, you would have a month to move, providing you paid that month's rent to the bank. You may wish to contact the bank and see about a lease from them. They may be interested in a tenant for their property. For further information about Florida Foreclosure Law, please see:

http://home-mortgages.suite101.com/article.cfm/florida_mortgage_foreclosure_law

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Answered on 3/06/09, 4:14 pm


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