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    Default Tenant's Responsibilities After Foreclosure of a Commerical Building

    My question involves landlord-tenant law in the State of: ca

    my bussiness and 2 other are in a building that the bank took back from the landlord are we still resonsible for the current lease or can we renegotiate

  2. #2
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    Default Re: Tenant's Responsibilities After Foreclosure of a Commerical Building

    Quote Quoting flicksandlicks
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    My question involves landlord-tenant law in the State of: ca

    my bussiness and 2 other are in a building that the bank took back from the landlord are we still resonsible for the current lease or can we renegotiate
    Your lease is null and void as of the day of the foreclosure sale. You may be able to sue the landlord for breach of contract. Do not pay your old landlord once the foreclosure sale is complete.

    You need to contact the new owner and arrange for a new lease or vacate the property.

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