June 30th, 2009
Federal and State Governments Pass Laws to Protect Renters of Foreclosed Properties
On May 20, 2009, President Obama signed into federal law a bill containing provisions protecting tenants living in foreclosed buildings. (The Protecting Tenants in Foreclosure Act is Title VII of Public Law 111-22). Specifically, the new law requires if a home/building that is currently occupied by renters goes into foreclosure and is subsequently purchased by [...]
| Topics: | Articles of Interest |
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| Tags: | foreclosure, landlord, tenant |