Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

IS A FORECLOSURE AN EXCUSE FOR TENANT TO STOP PAYING RENT?
Can a foreclosure of a rental unit be an excuse for the tenant to stop paying the rent to the owner being foreclosed?  This question and several other related questions was answered by an influential appellate court in Florida this week and it gives much needed guidance to Realtors, landlords and tenants who are faced with banks foreclosing on rented property.
The appellate court gave a very clear story line to the situation so with some small edits, I have reproduced most of the decision (without the citations) below:
The Facts -
Landlord Tatiana Serova entered into a one year residential lease of a condominium unit with tenant Vladimir Plakhov. The unit was the onlyreal estate which the Landlord owned in Florida. The lease called for $2200 per month rent. At the inception of the lease in November 2008, the Tenant paid $6600—$4400 for the first and last month’s rent and $2200 as a security deposit. The lease did not limit the type of damages to which the security deposit could be applied. The Landlord deposited the security deposit in an account with her real estate management company. 
The Service on the Tenant of the Foreclosure Suit - 
 
The ... more

__________________________________________________
Are you on The Rain? Grow Your Network!