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 Help for Renters 

Help for Renters

Help for Renters

  • Introduction

    • In May 2009, a new federal law was passed to assist renters during foreclosure. Called the “Protecting Tenants at Foreclosure Act”, this law provides most renters with certain rights during foreclosure, namely, that most leases will survive foreclosure and the foreclosure sale purchaser becomes the new landlord. Most renters have the right to continue renting the property for the rest of their lease term, or at least to receive a 90-day notice to vacate after the foreclosure process is complete. You should seek legal advice to determine whether you have these legal rights under the new law. In the meantime, continue to pay your rent. Be certain to continue opening all mail addressed to “Occupant”, “Resident” or “Tenant”, as these notices are intended for you.
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