Geez Helen, I don't know. What do you think?

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Re: Renters rights & forclosure

Posted by Mike on March 18, 2004 at 10:59 AM

In Reply to: Renters rights & forclosure posted by Pat on March 18, 2004 at 9:28 AM

: The house I am renting is in forclosure and the trustee sale is March 23rd. What is going to happen, when must I be out by, and what process is going to happen. I have no idea about theses tings, also what do I need to do to, at least, stay past the sale, and what is going to happen after the sale. Any help would be appreciated. I live in Cal.

CA law says is that if you have been there less than 1 yr. you can be given 30 days notice to vacant. If you have been there more than 1 yr, its 60 days. I have purchased rental properties and I know that the contract with the tenant "survives" the sale. I am not sure if there is any special circumstances for forclosures.

If an investor buys, they mostly likely will not force you out, but certainly can do things like raise the rent, etc.

Hope things work out fine for you.


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