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End of lease/Foreclosure question

New Jersey Forum - Relocation, Moving, Local City Discussions - City-Data Forum - www.city-data.com
Thank you in advance for any advice about this ongoing dispute with our landlord. I had to go to landlord/tenant court to evict a sub-tenant last year, so I thought I knew a lot about this, but the Statutes can seem vague to me!

We've been renting a single-family house for three years, with our current lease up June 30th. Since October, our landlord has told us that someone from the Bank needs to come through to look at the rental every so often to take pictures and measurements. I was happy to help, but it became clear to that something fishy was up, and we learned that the Bank had found an investor to buy the house.

Then, out of nowhere, we get a letter saying she was giving the deed to the house to Bank, and that they would be locking us out in a month, on May 15th. (She told us we didn't have to pay May rent and that she would send the security deposit back in full.) We realized she was heading for foreclosure (deed in lieu) and I checked the Deed Office daily to see if it had gone through (still hasn't). Thankfully, we realized this was an empty threat (and almost certainly a lie when it came to speaking for the Bank) and told her we weren't leaving. The investor would only buy a vacant house from the Bank.

She flips out, basically says she'd be keeping our Security Deposit, and still says the bank might lock us out. Then we get an icy non-renewal letter that states she will be changing the locks the second our lease is up.

From what I can tell, she can't force us to leave just because our lease is up. I believe, even then, she needs "Good cause" (non-payment, her moving back in personally, etc). Also, we know she never complied with any of the Security Deposit notices/interest payments.

HOWEVER, I also see a law that says if we "Hold Over" and our Rent money is not accepted, we can be charged Double Rent.

Does anyone know when one Law ends and the other kicks in? What's the best way to transition to a "month-to month" if it's contested? Thank you for reading and any advice at all! This is a great Board! All this is nothing if not interesting...


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