Foreclosure Tenants Get New Protections

For those clients purchasing additional rental properties through foreclosure, a January 23, 2014 ruling by the California Courts of Appeal, interprets the federal Protecting Tenants Against Foreclosure Act.  In a complex decision, the Court held that a tenant with a bona fide lease may remain in possession of the property until the end of the lease term, and not just the 90 days from a notice to vacate.  This area of the law is riddled with exceptions and special provisions, and special care is required when evicting the occupants after a foreclosure sale.

Categories: Real Property

News & Updates

Jun
18
As we’ve discussed before, California’s new “paid sick leave” law takes effect July 1st. The new law contains several traps for unwary employers. In addition to providing paid time off benefits, there are other important requirements:  W… Read More
May
19
Effective July 1, 2015, under the Healthy Workplaces, Healthy Families Act of 2014; all California employers must provide their California employees with at least three days or 24 hours of paid sick leave per year. COVERED EMPLOYERS AND EMPLOYEES  T… Read More
Oct
13
California’s overtime rules are very specific that employers shall be responsible for overtime compensation and define “hours worked” as “the time during which an employee is subject to the control of an employer, and includes all the time th… Read More