California forclosure tenant/landlord

Question

I have month to month lease after 2 yrs annual lease.I rent house from management company and they have my sec. deposit.I noticed that in 20 days my house will go auction(NTS-forclosure).what is goning to happened to my sec. deposit.what is defferent when you deal directly with owner vs. management co.

Answer 1

You need to find out who is holding the deposit.  If its the company you are probably ok, but if its the landlord - well you can't get blood from a stone.  Call up the management company and make sure they are holding it and will still have it when you decide to leave.

Answer 2

The owner and the manager owe you your deposit.  If they dont pay, the court will award you triple the amount.  The courts hate to have tenants lose their deposits wrongfully.

The foreclosure wipes out your lease.  You will have to move. /