I am getting so many questions from people who assume that these bills were signed that I am franticto spread the word.
Among the bills awaiting Governor Swarchzenegger's signature were AB 1333 to Protect Tenants in Foreclosed Properties from Utility Shut-offs and AB 2586 to Protect Tenants' Ability to Recover Their Security Deposits after Foreclosure
These bills would have gone a long way to help renters victimized by foreclosure. Unfortunately they met the VETO process in late September and were not signed into law. Tenants caught up in the foreclosure crisis and desperately hoping for help are receiving incorrect information...they are being told that they may now depend on their security deposit being refunded.
Unfortunately the only avenue still open to them is Small Claims Court. It may be possible to recoup...
- Moving companies and rental trucks
- Expenses incurred to find a new home
- Loss of security deposit
- Difference between present rent and new rent
- Cost of new security deposit
The Governor did sign SB 1137 extending the notice period for tenants in foreclosure from 30 to 60 days.
If you know or speak to anyone in this situation please share this information!
That is a heck of a law looks like CA is too tenant friendly. Who would pay for all these things, I mean if all the sellers are going into foreclosure where wuld the money come from.