If the property is held in trust or by a corporation, LLC, or other legal entitity, you’ll need that info instead.
You’re looking for Notice of Default (NOD) or a Notice of Trustee Sale (NOT). The first is just a warning… and starts the clock ticking towards the second. NOT means a trustee sale date has been assigned.
The question then becomes – what will you do with this information other than prepare.
The landlord being in default does NOT negate any lease you have. And even if the home is foreclosed, you have rights to complete your lease agreement (assuming it’s reasonable – not a 10 year lease at 1/4 of market value type thing.) So even if the condo is sold at auction (or goes back to the bank) you can complete your lease terms.
standard disclaimer: I’m not a lawyer, realtor, or anything. But this is my understanding of how things work.
