Joel
I signed a 16 month lease Jan 2009. On July 24th I got a Notice of Default. I continued to pay rent to the landlord; he said he was trying to renegotiate the mortgage. On Nov 19th the property went to auction and title reverted to the bank. However, the bank never recorded the trustee's deed. So I continued to pay rent to the landlord. Jan 12, 2010 I received a letter from the landlord stating that ownership of the property had transferred to CEREF (a real estate investment company in Long Beach).