The segment on foreclosures is just awful. People with leases getting 20 minutes notice to get out. I can't believe this is happening in our country.
YouTube - Lost Vegas: Vanguard
YouTube - Lost Vegas: Vanguard
The segment on foreclosures is just awful. People with leases getting 20 minutes notice to get out. I can't believe this is happening in our country.
The musicians being evicted had paid their rent. The landlord was foreclosed on and had been charging rent all along. The tenants were served an immediate eviction which meant they had no notice at all. They had to gather their belongings and pile them in the street. IMHO, this is theft.
It's Dickensian. What horrible scenes.
Ha
Not theft. The musicians have a cause of action against the landlord for services not rendered and maybe other issues. The landlord might have had a legal obligation to notify the tenants.
This being Vegas care to place a bet? I bet if the renters took their landlord to court (you know the same guy who is letting his place be foreclosed on), and obtained a judgment in court, they would not ultimately collect a dime.
Who said they would collect? But if the landlord had a legal obligation to notify the tenants about the foreclosure and didn't; the tenants might be placed higher on the collection list or have a criminal action.
The landlord also had a legal obligation to pay his mortgage, so this isn't a guy who has a great respect for the law. The point being that the legal system screwed the tenants, big time and I think they have no recourse and are left with losing a month rent and deposit and having to find a place to live with all of their possessions on the street.
Dickensian as Ha Ha says.
Are you saying all those victims of low interest mortgages who now won't (can't) pay them are the same as the landlord. We should feel sorry and bail out the "interest rate" victims but demonize a landlord (who might also have been an "interest rate" victim).
Not Angie Dickinsian but Kafka - ian
Come on Dex..
How would you characterize the rental family?
Legally, the tenants might have recourse for theft of services or fraud. So, they could be real victims - if the landlord legally should have given them notice of the foreclosure and didn't.
That anyone is shocked (the news has been doing stories about foreclosures) that this type of situation is occurring reminds me of the quote from Casablanca:
Captain Renault: I'm shocked, shocked to find that gambling is going on in here! [a croupier hands Renault a pile of money]
The woman reporter in the video is Laura Ling, sister of Lisa Ling who used to be with The View, National Geographic Channel and later CNN.
Laura Ling was "detained" in North Korea along with another woman for illegal entry and espionage back in March, 2009. They go on trial in June.
Report: Journalists to be tried in N. Korea - CNN.com
The fact that an immediate eviction in this situation is legal in Las Vegas is what is shocking to me. In this situation portrayed in the documentary the property had been foreclosed upon and is now owned by the bank. Perhaps this change in ownership is what allows for the immediate eviction. The bank could have notified the tenants and given them a few weeks but they chose not to. The operative phrase is "chose not to." There was no imperative to empty the place immediately.
Heartless and cruel is how it plays to me and as Ha characterized it "Dickensian." I would also add that this is one more incidence of the social Darwinism that is increasingly acceptable in our society.
Well, that's the thing. I'd like to think renters get a fair amount of time to vacate the premises assuming they have been current on the rent -- I'd say something like 30 days at minimum.This is what is surprising to me... that they were kicked out in a few minutes.... if they were the owners and had been noticed for months... not a problem with me... but being renters I think they should have some rights beyond that time frame....
Well, that's the thing. I'd like to think renters get a fair amount of time to vacate the premises assuming they have been current on the rent -- I'd say something like 30 days at minimum.
I suspect a lot of states have "fair housing" laws to this effect. And if that was the case here, then either (a) the owners of the property did not give the legal notice or (b) the tenants disregarded the notice and were caught by surprise even if they were notified as required.
.....
In addition, California law provides that leases are extinguished by foreclosure, with limited exceptions. Many tenants enter into one year leases, only to find a few weeks or months later that the property is heading for foreclosure and that their leases will be extinguished. The new federal law provides that the lease survives the foreclosure, except that the lease can be prematurely terminated and the tenant given 90-day notice where a purchaser seeks to occupy the premises. "
....
This sounds excellent. I wonder, are there any strong pro-tenant laws, or rent controlled buildings, outside of California and New York City? Even a place of liberal politics like Seattle is pretty much hands off, tenant is on his own. At least I believe that is true.Ummm, local rules trump that. I live in a California foreclosed property, currently pay rent to the bank. My 1994 month-to-month lease stands intact and I stand ready to remind the bank and the new property manager of their responsibilities. The Tenant Union is heavily involved in this and ready to act under the assumption that the Swiss bank may need some education on the local rules. Essentially, the city authorizes the owner of my apt. building to be in the rental business, anyone who owns or acquires it would have to go through a lot of red tape to stop renting....
This is the reason, in my previous post here, I'm suggesting that prospective tenants really research rental rules for a particular unit before signing a lease.
This sounds excellent. I wonder, are there any strong pro-tenant laws, or rent controlled buildings, outside of California and New York City? Even a place of liberal politics like Seattle is pretty much hands off, tenant is on his own. At least I believe that is true.
Ha