A receivership is kind of like the state version of a bankruptcy trustee in federal bankruptcy court. It most likely means than the real estate investment company defaulted on its mortgage and that, for the time being, a creditor realizes that the property is worth more keeping it going as a rental property than to terminate the rental property business there and find a new buyer. In order to maximize their ability to get as much of the delinquent debt repaid as possible, the creditor has gotten the court to appoint a receiver to manage the property to prevent it from being wasted by the prior owner or from drying up the abaility to continue to collect rents from its tenants if it were suddenly foreclosed on and sold at a sheriff's auction. A receiver is a person or entity appointed by a court to take possession of property, receive rents from the property and bring legal actions in relation to the management of the property, much like a bankruptcy trustee does in federal bankruptcy proceedings.
If you cannot afford an attorney, you should strongly consider Legal Aid so you have someone who can learn more about what exactly is going on with the property and what the receiver's intentions are related to your lease.
With the bubble of the housing marketing imploding, we're seeing more tenants being evicted for their landlord's failure to pay the mortgage than a tenant's failure to pay rent. As a residential tenant, you are still entitled to at least three days notice to vacate the property before the receiver can initiate eviction proceedings to order you off the property.
I'd take the paperwork posted on your door to an attorney as soon as possible in case it's a legal pleading that you need to respond to quickly in order to protect your rights in the property.
Bankruptcy Bankruptcy court Bankruptcy trustee Buyer's rights in property sales Real estate buy and sell agreements Notice to vacate property Foreclosure Real estate and bankruptcy Landlord or tenant Renting a house or apartment Breaking a lease agreement Eviction from rental property Real estate Constructive eviction