Is it illegal for landlord to rent a property that is in foreclosure?
I live in Florida, and I’d like to rent a townhome, but I found out there is a Lis Pendes on it. I asked the realtor about it, and she says the house is not in foreclosure. She also said the owner is willing to sign an affidavit saying that the house is not in foreclosure. I already signed a contract to lease, but now that I know about the Lien, I am worried that if I move into this house I’d have to move out again soon, in case it does go into foreclosure. Is there a law that says it is illegal to rent a property that is in foreclosure? If I do get an affidavit from the owner, would I be protected in any way?
It is not illegal in any way. You would not be protected, as there is nothing to protect you from. You would have to leave, affidavit or not. As a renter you would suffer no loss unless you paid rent far in advance and had to leave prior to the rental period being up.
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