Legal Question in Real Estate Law in California
i lease a property which has multiple units on it that i rent. the property has been foreclosed on and i am not required to pay, can i continue to collect rent from the tenants if i am continuing to take care of the property?
Asked on 5/18/12, 10:58 am
2 Answers from Attorneys
No. You are not entitled to rent for property you no longer own. If you collect rents you can be sued by the new owner and possibly charged with criminal activity.
Answered on 5/18/12, 1:28 pm
Terry A. Nelson
Nelson & Lawless
If you don't own the property, what makes you think you can take their money/income without being charged with a theft crime???
Answered on 5/18/12, 5:12 pm