Real Estate: Eviction after property tax auction

[crin63]

Heres the situation:

Someone rented a piece of industrial property in Texas 15 years ago. They were making their rent payments for a couple years and then the rent checks started coming back undeliverable. The tenants held onto the checks for a couple more years and tried to find the owner to no avail so they have just remained in the property for the last say 10 years. The property is now being auctioned off for back taxes as apparently the owner had died 12-13 years ago.

Heres the question:

Once the property is auctioned off will there be an eviction process of the tenants and if so about how long or will the property be immediately seized along with anything on the property once the auction is over and payment is made to the county/state?

[Kathianne]

Heres the situation:

Someone rented a piece of industrial property in Texas 15 years ago. They were making their rent payments for a couple years and then the rent checks started coming back undeliverable. The tenants held onto the checks for a couple more years and tried to find the owner to no avail so they have just remained in the property for the last say 10 years. The property is now being auctioned off for back taxes as apparently the owner had died 12-13 years ago.

Heres the question:

Once the property is auctioned off will there be an eviction process of the tenants and if so about how long or will the property be immediately seized along with anything on the property once the auction is over and payment is made to the county/state?

Wow! What a deal for them. Were they smart enough to put it aside for a downpayment for the building?

[crin63]

Wow! What a deal for them. Were they smart enough to put it aside for a downpayment for the building?

Nope! They let relatives move in with them for a few years and it wiped out all their savings. Now they are scrambling to find another piece of property.

[Kathianne]

Nope! They let relatives move in with them for a few years and it wiped out all their savings. Now they are scrambling to find another piece of property.

Can't stop stupid!

[sgtdmski]

I believe that Texas law requires the new owners to give a 30 day notice prior to eviction. Which means that once the sale is finalized and the deed filed, the current tenants will have 30 days to move unless they can negotiate with the owners to continue renting the property and signing the lease.

dmk

[Nukeman]

Can't stop stupid!

:clap::clap::clap: Could not have put it better. How can people be soo stupid as to believe they have a free ride. I mean come on no rent for 10 years and they didn't save a freaking dime!!!!!!!!!!!!!!

[PostmodernProphet]

according to this a three day notice prior to going to court, then five days after judgment.....

http://www.rentlaw.com/eviction/texaseviction.htm