Expiration of Protection for Tenants in Foreclosure
- February 26, 2015
- Thomas Adam
- Foreclosures
Jacksonville, FL Tenants in Foreclosure When lenders pursue foreclosure of a home, it is not just the homeowner that is impacted. If the property is being rented, the tenant will also be negatively impacted but with fewer rights to assert than the landlord, property owner. During the height of the housing crisis, the nation saw a sharp increase in the number of tenants being evicted mid-lease by lenders or new owners often with virtually no notice. Some estimates indicate that up to 40% of f[...]