Question:

Can the tenant find out if the property they are renting is being foreclosed on?

by Guest780  |  11 years ago

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Can the tenant find out if the property they are renting is being foreclosed on?

 Tags: foreclosed, property, Renting, tenant

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  1. Guest781

     Maybe. If a tenant thinks that the landlord is in financial trouble, then the tenant can:

     
    talk to the landlord;
    run a search at the Court of Queen’s Bench to find out if a lawsuit has been started against the landlord. There is a fee for this service. The tenant will need to know the name of the owner of the property, and this information can be found in the lease or the Notice of Landlord; or
    conduct a title search on the property. Some lawyers register a "Certificate of Lis Pendens" (which means a certificate of a pending lawsuit) on the title to the property when there is dispute involving land. An Alberta Registry Agent can conduct this search for a fee.
    None of these methods guarantee that the tenant will find out about a foreclosure. The tenant might not find out until they are served with a court order.
     
    You can find out more in the Foreclosure for Landlords and Tenants in Alberta booklet.

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