Foreclosure
questions & answers
Question: How long can my tenant stay at property when letting home forclose?
Answer: In 2009 the Protecting Tenants at Foreclosure Act was passed which gave tenants who had entered into a lease the ability to stay in the property for either the term of the lease or 90 days depending on the circumstances of both the tenancy and the foreclosure. If you are renting a house that is in the process of foreclosure, seek legal advice to determine your best option. This act was originally scheduled to expire in 2012 but was extended to December 31, 2014. Please contact the Community Legal Services in your area for more updated information on Foreclosure. You may also want to contact an attorney.
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How long can my tenant stay at property when letting home forclose?
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