Legal Question in Real Estate Law in California

I am a rental tenet in a property in the process of going through a HAFA government program Quick sale. I have signed a non-ownership form, which is to give me 3,000.00 for relocation if I chose. My question is, if the bank has one address listed as property, and the owner made that property into two units with separate addresses and the bank only recognizes one address. How then does the other address receive relocation funds? Please advise me on what to do.


Asked on 10/28/13, 9:23 pm

1 Answer from Attorneys
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Can't be absolutely sure without hearing the owner's side of the story, but the bank (lender) will probably be relying upon a complete legal description of the property, of which the street address is added only as a clarification, a kind of afterthought. Also, subdivision of property, i.e. creating two legal parcels where there formerly was only one, is a government process that would result in creation of two new "official" addresses, not just another number created at the owner's whim to assist in deliveries, etc. So, I'd say that the additional address is probably "non-official" and unlikely to have any legal effect.

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Answered on 10/29/13, 9:08 am


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