Sacramento Property Management, Serving Natomas, Sacramento, Elk Grove, Land Park, Greenhaven/Pocket, Roseville, Rancho Cordova, North Natomas, Downtown and Midtown.
As the Sacramento Chapter Legislative Chair for NARPM, I would like to share the following information:
Effective January 1, 2011 - The new law requires the new property owner/bank to provide the tenant with a specific notice that includes new language. The new language is required if any or all of the following is correct:
•- Must identify the person /entity serving the notice i.e. the new owners name and information
•- The notice must be served within a year of the foreclosure and the tenant must have been in possession at the time of the foreclosure.
In certain circumstances the new legal form is not required - please visit California Apartment Association for details and/or a copy of the new form is CAA's form 7.3.
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