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Who will maintain my building when the owner goes into foreclosure?

Routine maintenance and emergency repairs can become a huge headache for tenants in buildings that have defaulted or are being foreclosed on.

It’s not always clear who is responsible for upkeep, and even if you do know who should handle it, getting the work done can be difficult or impossible.

If the old owner is still the responsible party, it’s possible that they don’t have (or claim not to have) the financial resources to float the work, and since they’ll soon lose ownership anyway, there’s little you can do to incentivize their cooperation.

If the lender has assumed ownership, who exactly do you contact when the sink starts spraying water at 3am, or when the refrigerator stops working?

When you have maintenance problems in your rented home or apartment and no obvious responsible party, you need the kind of help that can put the owner – last, current, or next – on notice for the work done, and get results.

Call the tenancy and foreclosure attorneys at Zelenitz, Shapiro & D’Agostino today at 718-599-1111 for a free consultation.