Asked by Confusedbuyer, Los Angeles, CA • Tue Apr 6, 2010
I'm bidding on a foreclosed single family residence that is curently tenant-occupied and the bank is NOT going to deliver the property vacant upon the closing of escrow. Thus, we must deal with the tenants ourselves. The tenants have been living there for two years and have two young children. They are currently living rent-free, although I'm not certain for how long. I plan to live in this house. My questions are:
1. When do I give them notice that they have to vacate and how long are the notices?
2. Would the 3 days notice apply to them since they haven't been paying rent?
3. Do I have to provide them with relocaton assistance even though they have been living rent-free and it's a single family home? Would that law apply to them?
4. Can I demand that they start paying rent upon the close of escrow?
Unfortunately, my agent has not been helpful with any of the above questions. Anything you can provide is greatly appreciated.
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