greenjeans
Junior Member
What is the name of your state (only U.S. law)? Galveston, TX
I live in an apartment/condo community that is managed by a management company hired by the owner. Last Monday, the bank announced that they are foreclosing and selling the property. As of 8/15/2008, the bank transferred the deed from the owner's name back to the bank. Over this weekend, several people moved into the apartments. As I chatted with them, I asked if they new about the foreclosure sale. None of them had and all of them signed their leases since the bank took over the property.
This management company has been bending rules and it's a big reason no one wants to live here and why, despite being the nicest place on the island, they can't seem to keep tenants. I could go on and on, but the list includes entering apartments with no notice, enforcing lease violations for things that aren't in the lease, changing leases after they are signed and recording late payments that aren't late.
Anyways, my question is, should they be signing lease agreements? I mean, I know it's not "right" because they're not telling people that they may have to move again soon, but is it legal? And what about our deposits? Who is going to pay them? I'm moving out tomorrow and that's a big concern. I doubt I would get anything back to start with since we're suing them for retalitory eviction, but in the interim between now and the sale, who is responsible for it? This place is immaculate and in the condition that we recieved it in, but I just know it will be a fight.
I live in an apartment/condo community that is managed by a management company hired by the owner. Last Monday, the bank announced that they are foreclosing and selling the property. As of 8/15/2008, the bank transferred the deed from the owner's name back to the bank. Over this weekend, several people moved into the apartments. As I chatted with them, I asked if they new about the foreclosure sale. None of them had and all of them signed their leases since the bank took over the property.
This management company has been bending rules and it's a big reason no one wants to live here and why, despite being the nicest place on the island, they can't seem to keep tenants. I could go on and on, but the list includes entering apartments with no notice, enforcing lease violations for things that aren't in the lease, changing leases after they are signed and recording late payments that aren't late.
Anyways, my question is, should they be signing lease agreements? I mean, I know it's not "right" because they're not telling people that they may have to move again soon, but is it legal? And what about our deposits? Who is going to pay them? I'm moving out tomorrow and that's a big concern. I doubt I would get anything back to start with since we're suing them for retalitory eviction, but in the interim between now and the sale, who is responsible for it? This place is immaculate and in the condition that we recieved it in, but I just know it will be a fight.
Last edited: