Virtual Assistant · putnam valley, NY · Member since 2011 · 3 posts · 0 votes
i just sold my short sale its been exactly 4 years and 3 days since it was listed.... the buyer is allowing me to live in the house for 60 more days until i find an apartment.. up until now for the past 4 years the bank has paid for all of my utilities im wondering they will they shut off my electricity now that the house has been sold? and if so how soon? and if so who is responsible me or the buyer?
My guess is that the bank will shut off the utilities (assuming it's in their name) within a few days of the closing.
As to who is responsible for turning them back on, it probably depends on the agreement you have with the landlord and the specific landlord/tenant laws in your state.
Personally, I think your landlord is taking a big risk by allowing you to stay, as the courts may determine that by doing so, you have more rights than he anticipated giving you.
My guess is that the bank will shut off the utilities (assuming it's in their name) within a few days of the closing.
As to who is responsible for turning them back on, it probably depends on the agreement you have with the landlord and the specific landlord/tenant laws in your state.
Personally, I think your landlord is taking a big risk by allowing you to stay, as the courts may determine that by doing so, you have more rights than he anticipated giving you.
Agreed with Jason. Typically, it is the tenant (which you now are) who is responsible for utilities. I am surprised the bank has paid utilities for so long. Obvious bank error in your favor! Count your good fortune but do not expect it to continue.