My Landlords (house is in both names) are getting a divorse!? [Archive] - Real Estate Insider Forum
 
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Matt F
07-22-2007, 06:41 PM
I currently rent a house from a couple and they are now getting divorsed. Both individuals have contacted me and told me to give only Him/Her the rent money from now on. How do I make sure that i don't get screwed during this?...I want to do this in the Cheapest way possible. I don't want money to come out of my pocket (like paying for a lawyer).

theVisionary
07-22-2007, 07:00 PM
get it in writing. Writing will hold in the courts. Talk is useless - don't trust any words unless it's written on paper and signed.If you get screwed over because of them, you can bring in the signed paper to save your butt. Just make sure whatever the arrangements, that it's legal.

old lady
07-24-2007, 02:34 AM
Talk to a lawyer before you do anything. If the divorce settlement includes the house in which you live, some official disposition will have to be made - it will either belong to him, to her, or will be sold and the proceeds split. You might have to set up a special account, in trust, and pay your rent money into that until their divorce is settled and you can give the money to whichever party the court stipulates.

Lanie
07-24-2007, 03:10 PM
I would contact a lawyer as soon as possible. That's a really sticky situation. On their end, there should be a temporary (legal) agreement that specifies how such matters are taken care of until the divorce is finalized.

Aristotle
07-25-2007, 04:34 AM
Put the rent money into an escrow account, ear marked for payment of rent. The funds will then be allocated properly after the divorce.

felix
07-25-2007, 04:51 AM
Continue to pay whomever you have always paid. Make sure you get a receipt or in the very least, keep your cancelled cheque. Just because their situation has changed, it shouldn't affect your situation. If you paid cash, stop doing that. You will need to keep a record of your payments in case this goes to court, which it probably will eventually. If you have a lease, check out who signed the lease to rent to you. In all likelihood that is the rightful owner of the property and the one who should be receiving the rent.

Michael J
07-28-2007, 10:05 PM
You pay the rent to whoever your lease or rental agreement says to pay until you are officially notified in writing by the court or landlord's attorney that you are to do differently. Do not pay with cash and use checks so that you will have proof of payment.