Dad's foreclosures cause problems for tenant - his son

Sunday, May 23, 2010


Print Comments 
Font | Size:

My father owned two homes, renting one to my family. My father and I had a written two-year lease and I paid him rent. Unfortunately, my father lost both homes to foreclosure. In December, a Realtor handed me a three-day notice to quit the premises. There was no way we could leave that quickly, and a friend told me the bank that took the house had to honor my lease. I have been served with a summons and complaint for unlawful detainer. I have filed an answer saying I have a valid lease, but I am wondering whether I will win this case. What is your opinion?

In May 2009, Congress passed the Protecting Tenants at Foreclosure Act, providing important new protections for tenants who are innocent victims of foreclosure. Tenants in foreclosed properties must be given at least 90 days written notice to vacate by the new owner. As applied to your case, the law also specifically excludes the child, spouse or parent of the prior owner, so it looks like the new act will not protect you. If so, the current owner need only serve a three-day notice for you to vacate the premises.

Consider negotiating a voluntary move-out agreement with the attorney who filed the case. In some cases, the current owner will be flexible on monetary damages in exchange for a move-out.

Copyright 2010 Project Sentinel. All rights reserved.

This article appeared on page J - 4 of the San Francisco Chronicle


Print

Subscribe to the San Francisco Chronicle

Subscribe to the San Francisco Chronicle and get a gift:

advertisement | your ad here

OH NO! ACTIVIST JUDGES!

Makers of the gay agenda unleash them to annihilate the will of the people. Fiore. (Flash)

Comments & Replies (0)

Dell wants winning Streak

Its mobile device, which goes on sale Friday, is bigger than a smart phone but smaller than a tablet.

Comments & Replies (0)

Can you top this?

Schweet Boks, a "cereal eatery" cafe, will open in the Sunset.

Top Homes

Red Oak Realty

Real Estate

Medians in the 'hoods: North Beach

Our series on median home prices in the different San Francisco neighborhoods highlights how disparate the market really is.


Featured Realestate

Search Real Estate »

Cars

Coming soon: Cars that run on fumes, literally

Scientists at the University of California, Irvine have isolated an enzyme that can convert the carbon monoxide in car exhaust into...


Featured Vehicle

Search Cars »