Legal Question in Real Estate Law in California

Re: Lease question

The answer to your question is - it depends. Whether the lease is still valid depends upon how the ownership changed. If the property was sold, then yes, your lease is still valid and the new owner is responsible for your security deposit. If, however, the property changed ownership because of a foreclosure, the foreclosure terminated your lease by operation of law. Since you did not mention a foreclosure, I assume you mean a sale, in which case your lease is still valid.

*Due to the limitations of the LawGuru Forums, The Gibbs Law Firm, APC's (the "Firm") participation in responding to questions posted herein does not constitute legal advice, nor legal representation of the person or entity posting a question. No Attorney/Client relationship is or shall be construed to be created hereby. The information provided is general and requires that the poster obtain specific legal advice from an attorney. The poster shall not rely upon the information provided herein as legal advice nor as the basis for making any decisions of legal consequence.