Tenant Rights On Foreclosures

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Tenant Rights On Foreclosures


Apartment Listing  

If you are living as a tenant or are on serious “house hunting” job, remember to have a good idea about landlord/tenant rules and laws. Having prior information about foreclosures are a tenant’s rights. Different states have different laws and rules regarding foreclosures. It is advisable to have a basic idea about the various rules before signing the lease contract.

In California, you can easily file for a copy of the default notice without having to go through rigorous procedures and rules. In fact, you can get a notice without having to pay a single penny. If you are a beginner and have no idea about foreclosure, read on to find out how you can ask for the default notice. Firstly, obtain a form from the Foreclosure Forum. Make sure you get a copy of the deed of trust from the title company. You should have the trustee, beneficiary, document number, book and pages of information. Then you should notarize the form and record it in your county recorder’s office.

In case your landlord applies for foreclosure, you will immediately get a mail to your account keeping you well informed about the latest developments. If the landlord fails to give you prior notification, you can charge the landlord for damages and fees covering the expenses for:

  • Finding a new home
  • For rental trucks
  • For loss of security deposits

If you are involved in legal tangle with your landlord, you can always consult a lawyer and take the case forward. Remember to have a good knowledge about different laws and rules while renting a house.

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Tenant Rights On Foreclosures