Q: A home owner rents out his house bought on interest through the bank. Is he out of Riba?
A: He will remain in Riba until the bank loan is not cleared, whether he rents the house or not. The Riba transaction with the bank is a different deal, and renting the house to a third party is a different deal. Although because of the Riba he will not have much Barakaat or blessings in the money he gets in rental.