Legal Question in Landlord & Tenant Law in California
Rights for tenants when house is being
~~auctioned? I am currently renting a home that is going through foreclosure and being auctioned, what are my rights after or before the auction? Is it up to the person that purchases the home? (ie: bank, private person) Do I have to be moved prior to auction eventhough I have not received anything saying I should move?
3 Answers from Attorneys
Re: Rights for tenants when house is being
No, you don't have to move, yet. As soon as you know who the buyer is, make contact and try to arrange continued rental.
Re: Rights for tenants when house is being
I agree with Mr. Cohen.
Stop worrying.
Re: Rights for tenants when house is being
While I agree with Mr. Cohen that you do not need to move today, I don't necessarily agree that you should not worry. On the date of the auction, your tenancy is terminated by the foreclosure sale. If the home is retained by the bank, then you will be evicted by the bank unless you move out first. Banks don't like to manage tenants, and don't like to market occupied properties. Many properties being foreclosed these days are going back to the bank because the high debt load and relatively low values. If the home is sold to a third-party at auction, you can try to negotiate with them regarding a new lease, but be prepared that when the home is sold at foreclosure, you may have a short window in which to move.
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