I am aware that the tenant and their lease will be my problem upon close of escrow. I was told you can evict tenants upon purchase if you plan on moving into the property, which I do plan on. And if the property is a foreclosure, you must give 90 days written notice? Is this true in Orange County, CA?
Real Estate Attorney
You are correct. After foreclosure, a buyer who plans to live at the premises may evict a tenant who is there under a fixed-term lease. You need a 90-days written notice.
90 days written notice given AFTER the foreclosure sale is complete.
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