Colli Real Estate

Need Advise about Foreclosure on a property with tenant?

Property is a Duplex in California (no rent control), sale date was recently posted for next month. Problem is I have tenants occupying the property..Tenant # 1 pays on time and she needs 60 days to move out. But sale is next month. Can she stay that long? Also, tenant # 2 didn’t pay for nearly 2 months. should i give 3 day or quit or 30 day notice ? My top concern is they might just get locked out one day without notice, besides, sale date is less than a month away. I’ve advised them to move out verbally since I don’t want to evict them but they haven’t moved out. any advise would be great.. if the property is auctioned when is the property supposed to be vacated ?

I don’t think the new owner can do that..there are laws..I was in the same boat..did you tell your tennants? a foreclosure takes months to complete…or did you just keep collecting rent and not tell them?..you need to tell the bank that there is a tennant in your place..The new owner may want to keep the tennant…as for the tennant who didnt pay…tough luck…

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