Title: Foreclosure FAQs - foreclosure_housing_selfhelp
Headings: Foreclosure FAQs
Foreclosure FAQs
Print Español
Q: The place I rent is in foreclosure. Will I be able to stay?
Q: How can I find out if the place I rent is in foreclosure and what is happening with the foreclosure?
Q: What happens after my home is sold at the foreclosure sale?
Q: What happens to my tenants in the foreclosure?
Q: What is a “power-of-sale” clause?
Q: What is a “deficiency judgment”?
Q: Where can I get more information about foreclosure?

Content: Foreclosure FAQs - foreclosure_housing_selfhelp
Foreclosure FAQs
Topics
Eviction & Housing
Eviction
Foreclosure
Foreclosure FAQs
Security Deposits
FAQs
Print Español
Q: The place I rent is in foreclosure. Will I be able to stay? A: If you are a tenant and the property you rent goes into foreclosure, the new owner must honor the existing lease. BUT when you have a month-to-month lease, or when the people occupying the property are the owners who are being foreclosed on, the new owner can evict the tenants or former owners. In these cases, the new owner may either (1) offer the existing tenants a new lease agreement or (2) begin eviction proceedings. If the new owner chooses to evict existing tenants, the new owner must give them at least 90 days’ notice before starting eviction proceedings. Tenants in some California cities may still have a right to stay in their buildings. Cities with eviction or rent control laws prohibit new owners from using foreclosure as a reason for evicting tenants.