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Fair Market Rent

Posted by Geri on June 09, 2010 at 8:17 AM

I know this is a stupid question and I can find the answer somwhere but was hoping that you guys could give quick answer. If ownership is recorded mid-month for a trustee sale purchase and occupied by tenant and tenant paid rent to prior owner on the 1st - Is the tenant legally bound to pay pro-rated rent to new owner for remainder of the month? I would never ask for it because it would just be mean, but I am curious on the legal standing.


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