Legal Question in Real Estate Law in California
Rental Property has been foreclosed on.
The Townhouse I am renting has been foreclosed on as I have recieved notification from the Courts. I live with my Mother who is afflicted with Alzheimers Disease, Parkinsons Disease, and Severe Arthritis. I need to know how to proceed legally as far as relocating and how much time I have to do so. I received the paperwork on October 8, 1999.
1 Answer from Attorneys
Re: Rental Property has been foreclosed on.
It depends upon the papers with which you have been
served. If you received nothing more than a notice
that your former landlord has lost title to the
property through foreclosure, then you might not
have to move. It is possible that your new landlord
would be quite happy to continue renting the property
to you. Also, it is possible that your lease remains
valid despite the foreclosure.
If your new landlord wants to evict you and if your
lease was junior to your new landlord's lien, then the new
landlord can, indeed, evict you. You would first
receive a 30-day notice to quit the premises, and, if you
didn't, you would then be sued for Unlawful Detainer. As a practical matter
it would take about 50 to 70 days to evict you. That
time period can be extended, but at some cost to you.
I recommend, first, that you contact your new landlord and discuss
your situation with him/her/it. Even if they do want
you to move, you may be able to negotiate a reasonable
amount of time within which to do so. If you can't
reach an agreement, then consult with a local attorney.