Legal Question in Landlord & Tenant Law in California
forclosed
the owner was forclosed on the home we live in we had a lease agreement lease apotionwith him he broke the lease now the property is owned by the bank the informed us we have 14 to leave
Asked on 2/23/08, 5:36 pm
2 Answers from Attorneys
Robert L. Bennett
Law offices of Robert L. Bennett
Re: forclosed
If the bank won't let you stay, you are out of luck.
You are entitled to your deposit back, however.
Answered on 2/23/08, 5:49 pm
Robert F. Cohen
Law Office of Robert F. Cohen
Re: forclosed
In addition to what Mr. Bennett says, I would suggest you negotiate with the bank for more time -- even if you pay rent for a month or two. Perhaps they'd even be receptive to a reasonable purchase offer, especially if you finance the loan through their own bank.
Answered on 2/23/08, 5:51 pm