Renter In Foreclosed Home Threatened With Eviction Uses Federal Tenant-Protection Law To Stand His Ground & Tell New Owner To Take A Hike
- When real estate speculators bought a foreclosure and tried to force the tenant to move out, he called KUSI's Michael Turko. Turko says lots of innocent tenants are now becoming victims of the mortgage crisis, because they don't know their
rights.(1)
- After a foreclosure, big banks and real estate speculators are famous for telling tenants to get out. What they don't tell you is you have a legal right to stay as long as you have a lease. Here's a case where the tenant turned the tables and stood his ground ... and told the new owners to back off!
For more, see Know Your Rights, Stand Your Ground!
(1) The Federal Protecting Tenants at Foreclosure Act of 2009 provides important federal protections for tenants in foreclosed properties, including the right to receive 90 days' notice before being required to leave the property and, in many cases, the right to remain for the length of the tenant's existing lease term. The law's expiration date has been extended and is now set to expire on December 31, 2014.
See also:
- Staying Home: The Rights of Renters Living in Foreclosed Properties,
- Action Guide for California Tenants in Foreclosure Situations (contains links to sample letters).
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