SD Realtor wrote:Actually UR

[urbanrealtor]

[quote=SD Realtor]Actually UR what she said about the law that Obama signed into law is true. If she has the hardcopy of the lease it is even better. Yes it is accurate for CA properties.

Also if the property does go back to the bene at trustee sale or if it is sold to a private party, the tenant has the same rights. See Obamas laws so yes she can wave that lease in front of the new owner. She does have to PAY RENT and abide by the terms of the lease.

Sorry the lease is not wiped out given what Obama has signed into law.

Also what I told the poster was that on Realist there was not an official notice of default, and that the current owner could very well have missed several payments.

Here UR this may help you provide better advice regarding the new law Obama signed rather then obselete information:

http://www.tenantstogether.org/article.php?id=723%5B/quote%5D

You are correct.

This is what happens when I leave the country for several weeks.
Get behind on the laws.

That’s huge and very relevant.
I don’t know how I missed it.
Probably the going out of the country thing…

http://www.nolo.com/legal-encyclopedia/article-30064.html

PHRACK.
I hate being that wrong that publicly.

But I have to say that when you’re right you’re right.

Sorry Fereina.
Adam, whom I often disagree with$, was exactly right in this case.

SO were you.

Good luck.