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...even though the house I live in is in foreclosure in California? My landlord contacted me to let me know he got a temporary modification meanwhile the house I'm living in hopefully sells in a short sale. I found out today that the house is actually in foreclosure, we received a Notice of Default today. Can he accept payment until the house actually sells? I've been trying to find an answer for this on legal websites and on here but can't find anything, I just want to know what my tenant rights if any. Thanks! - And sorry if this is in the wrong category! = /
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Short sales take a long time, and I have known of people to go into the short sale phase in which the owner tries to sell the house for several (3 - 12) months. So long as the landlord owns the house (and is in proper condition) it is legal to collect on properties. As to the Notice of Default, an owner must be in default in order for the bank to go the "short sale" route. You can look up all the rights you as a tenant have by looking up the "landlord and tenant act" for your state. It will outline what you can and cannot do. But if you are still not satisfied you could always spend $100 or so and contact a lawyer. Good luck!
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