Updated over 13 years ago on . Most recent reply
Evicting a Paying Tenant
I'm sure there's a law that can be easily referenced in the CA Civil code or some other legislation that tells me why I can't do that... but basically the question is this:
If I buy a property, distressed or otherwise, and it has a tenant in it that can provide a valid lease at market rate, I am under the impression that I have to honor that lease regardless of its terms or duration. Is this a correct understanding, and if so why? If not, why not?