Legal Question in Real Estate Law in California
Tenants in home during short sale
Should a home have tenants in place during the short sale process does the lender have rights to collect rent from them?
Can they force me to pay them the rent I recieve?
Asked on 7/29/07, 12:29 pm
1 Answer from Attorneys
Lyle Johnson
Bedi and Johnson Attorneys at Law
Re: Tenants in home during short sale
The general rule is that the lender had the right to collect the rents from the property after the loan goes into default.
Answered on 8/09/07, 1:20 am