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Small Business Owners & Entrepreneurs

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Phentex

(16,334 posts)
Mon Jun 11, 2012, 01:28 PM Jun 2012

The buidling went into foreclosure [View all]

Cross posted in the lounge...

In the case of the missing landlord thread I was hopeful that I was making progress with the leasing company. Here's the update:


Our lease is with a property management company and the end of our lease is soon. In three years, they changed names/addresses and finally disappeared completely. No one answers at the last known phone number I have and a recent letter was returned.

When we tried to track down the ownership of the building, the city had the wrong name listed (confirmed when we contacted the name on the list and he became irate because he owns the building down the street and not ours.)

Trash pickup stopped about a month ago but another tenant is paying it for now. Grounds keeping has stopped altogether and the grass is a foot high. Someone at the city found a foreclosure notice for the property and told us the building had been owned by overseas investors but was now bank owned. Said bank has now gone under and another bank is supposed to take over.

NOW WHAT? I understand that the terms of our lease are still valid, but how do we give notice that we plan to move? Where the hell is our deposit? How can we even decide to move if we don't know if we can stay or not?

Anyone with ANY experience/advice?

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