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Phentex

(16,609 posts)
9. Here's what the attorney said...
Fri Jun 15, 2012, 11:06 AM
Jun 2012

She said the letter was good but I need to go further and cc the last known property manager, the property manager's home address, and the last known bank...waiting for the letters to come back so that I have a good paper trail.

As far as the new bank owner, she said it could be months before they notify us and we shouldn't necessarily seek them out. We can ask the county for deed records but she said they are usually so messed up, we might be on a wild goose chase for a bit. And she said this is far more common than people realize.

She did say we would be month to month at the end of the lease regardless of what we know. She also said if the property remained bank owned, the bank would be eager to keep us in the space rather than kick us out especially with other space in the building available.

Same thing about keeping track of all the additional expenses and deducting that from any rent they may try to claim. She said we cannot force the other tenants to help pay for these costs but we should try to work out something fair.

Nothing too surprising or new but I felt better.

THANK YOU for your advice!

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