I am not aware of most communications between the seller and the current tenants, but did see letters from one very experienced landlord to his current tenants that offered them some reassurance by stating what the typical procedures looked like and what the laws were protecting them. 

The amount of oversight and procedure based controls for exchange-listed investments is staggering.

Now the alleged heir needs to go through the property procedure to prove ownership and begin eviction on squatter.

If the owner chooses this option, he/she must disclose in the agreement the name and address of the institution, as well as information on how to establish an electronic funds transfer procedure for paying the rent.

If the bank defaults and closes up shop they could also be facing criminals penalties from the feds for faulty procedures and gross negligence.If the one loan that went bad was a whopper it can take them down fast.

Failing to follow or implement all current policies and procedures can result in hefty fines amongst other potentially larger consequences.  

A Rishel Consulting Group client has just informed us that a state regulator is now including it in their examination as well.Chattel Lender’s ResponsibilitiesLike all compliance issues, the lender must include SCRA into their Compliance Management System with a written Policy and Procedure Manual adapted by their Board of Directors or their Managing Partner(s), a training program for employees expected to assist in the compliance effort, and regular audits to make sure the program is achieving the goals set forth in the Policy and Procedure Manual with corrective action when necessary.

What is the correct procedure for rejecting a tenant's appliction for a previous eviction (California)?

We are not trying to do waste more time, just the procedure take longer than you do on your own.

Upon default and foreclosure of real property, Code of Civil Procedure Sections 580(b), 580(d) and 726 prevent or limit a deficiency judgment.