Recent Developments in Landlord/Tenant Law
California Foreclosure Relief Law
Effective July 8, 2008, a tenant or subtenant in possession of a rental housing unit that has been sold through foreclosure is entitled to a 60-day written notice to quit, not just 30 days.
This new law does not affect rent-controlled tenancies where the tenants are entitled to keep renting on the same terms as before and the foreclosure purchaser cannot evict without “just cause.”
Effective September 8, 2008 the lender, trustee, or authorized agent posting a notice of foreclosure sale must also post and mail notice of the tenant's right to a 60-day eviction notice from the new owner. This requirement to notify tenants of their rights applies to loans secured by residential real property where the borrower has a billing address other than the subject property.
