Legal Question in Landlord & Tenant Law in California

There are a few ways to determine what's happening with the house. The best is to call upon a friend who is a realtor or somehow involved in the real estate industry. They have access to resources which can help you to identify (1) who is the servicer of the loan [the bank]; and more important, (2) the foreclosure trustee and foreclosure information. The later - the company actually conducting the foreclosure sale has an automated phone number you can call to determine the status of the foreclosure at any point in time. It will tell you if the sale has been postponed, or if it was actually conducted on the 28th. I would absolutely not send the rent until you are able to confirm that the sale did not take place. If the sale did take place, then you have to wait to hear from the buyer at the foreclosure sale. They will contact you within a few days of the sale to discuss your options. Make sure they know that you are a tenant with a lease. Although, under Federal law they cannot evict you until 90 days post-sale, which actually takes you out past your current anniversary date for your lease. If the bank takes the house back, it is unlikely they will continue to rent to you - they are not equipped to manage occupied properties. Instead, they'll give you the required 90 day notice, then attempt to negotiate to move you out sooner. They do this by offering money - "cash-for-keys." You have no legal obligation to leave before the 90 days are up, but they will try to make it worth your while to move sooner. If the property sells to a third-party buyer (I suspect you are correct that it won't if there are 5 other bank-owned properties on the block), then you might have a better chance to rent it longer-term. Good luck - you are one of many tens-of-thousands of people caught innocently in this fire storm.

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