Legal Question in Real Estate Law in California
Hello,
My name is Kim and i am a resident of Hayward California. I was renting a
house and was staying there for more than 5 years one day a man from
bank knocked at our door and said this house is foreclosed and you need
to vacate it in 3 days. We were shocked to hear that. Then we tried to find
out details from our Property Management to whom we were paying rent
and even she did not know that the house we were renting from her was
foreclosed. She tried to call the owner and he would not pick the phone
and finally she came to know it was foreclosed because the owner did not
pay the mortage.
We requested bank to give us atleast one month so that we can look for
another rental apartment. Also we told the property management to refund
us our security deposit which was 1200$. She told us that she has only
$300 with her which she can return but rest is with the Owner i.e 900$.
We tried to reach the owner several times but he would not pick the phone
but finally we got hold of him and told him the same and we asked for our
Security Deposit refund since we vacated the house. He refused he said
he is bankrupt and he has no money. Then we sent him registered letter
and there was no point he told us he got letter but he has no money to pay.
We had written in the letter that if he does not refund us our security
deposit we will take him to court and he said you can do that but i have no
money.
Could you please help us getting that refund back as my husband doesnot
have job right now and that $900 would be of great help
regards,
Kim
1 Answer from Attorneys
If you have a bona fide lease you can probably remain for at least 90 days, and perhaps for the remainder of your lease term. Look up the "Protecting Tenants at Foreclosure Act" on Google.
You are entitled to the return of your deposit at the end of your lease, but maybe what you need to do is just not pay rent for the last month, after you figure out how long you can stay under the PTFA.