Legal Question in Real Estate Law in California
is it illegal to rent a home while in forclosure?
is it illegal to rent out a home while it is in forclosure and on the market for quick sale?
Asked on 4/17/09, 7:13 pm
1 Answer from Attorneys
Phunphilas Viravan
Law Offices of Phunphilas Viravan
Re: is it illegal to rent a home while in forclosure?
If you own the property, you have a right to rent it out. If the home is foreclosed upon, the new owner (even if it reverts to the lender and becomes bank-owned) can choose to continue to rent to the tenant, or to evict the tenant.
Answered on 4/20/09, 2:03 am