I'm a renter and the home is up for public auction. Do I still have to pay her rent?
Premise: 99% of all public auctions are Trustee Sales
As of May 20, 2009, when President Obama signed the "Protecting Tenants at Foreclosure Act of 2009, leases are no longer preempted by foreclosure. A month-to-month tenant would be entitled to 90 days' notice before eviction could be started.
A buyer planning to move into the property may terminate a lease with 90 days' notice.
Tenants, in Oakland with rent control "just cause" have eviction protection. Foreclosure is not a Just Cause and foreclosure will not justify a termination of tenants occupancy.
Premise: 99% of all public auctions are Trustee Sales
As of May 20, 2009, when President Obama signed the "Protecting Tenants at Foreclosure Act of 2009, leases are no longer preempted by foreclosure. A month-to-month tenant would be entitled to 90 days' notice before eviction could be started.
A buyer planning to move into the property may terminate a lease with 90 days' notice.
Tenants, in Oakland with rent control "just cause" have eviction protection. Foreclosure is not a Just Cause and foreclosure will not justify a termination of tenants occupancy.
Premise: 99% of all public auctions are Trustee Sales
As of May 20, 2009, when President Obama signed the "Protecting Tenants at Foreclosure Act of 2009, leases are no longer preempted by foreclosure. A month-to-month tenant would be entitled to 90 days' notice before eviction could be started.
A buyer planning to move into the property may terminate a lease with 90 days' notice.
Tenants, in Oakland with rent control "just cause" have eviction protection. Foreclosure is not a Just Cause and foreclosure will not justify a termination of tenants occupancy.
Premise: 99% of all public auctions are Trustee Sales
As of May 20, 2009, when President Obama signed the "Protecting Tenants at Foreclosure Act of 2009, leases are no longer preempted by foreclosure. A month-to-month tenant would be entitled to 90 days' notice before eviction could be started.
A buyer planning to move into the property may terminate a lease with 90 days' notice.
Tenants, in Oakland with rent control "just cause" have eviction protection. Foreclosure is not a Just Cause and foreclosure will not justify a termination of tenants occupancy.