Legal Question in Landlord & Tenant Law in California
The house im leasing is in foreclosure and i still have 4 months left on my lease what are my rights
2 Answer from Attorneys
It is perfectly legal to stop paying rent when the property goes into foreclosure, if you want to be evicted and sued for back rent. A foreclosure no more changes your rights and duties as a tenant than if the landlord just sells the property. Do you think you'd have special rights if the landlord listed the property for sale? Do you think you'd have the right to stop paying rent? Hardly. In fact, if you were on a month-to-month agreement you are better off if the property is foreclosed, because you get 90-days notice to move out, whereas if the property were sold you'd get 30 or 60 depending on how long you were there. On a lease, you have 90 days or to the end of your lease whichever is longer. Depending on the nature of the property, if the buyer is an investor, they may even renew your lease. To be on the safe side, however, I personally would be making plans to move at the end of my lease.
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