Rights the tenant is in default

Same owner can receive your payments and if you do run the risk of foreclosure. Fortunately, a new federal law protects their homes for tenants, if the owner by default on the mortgage. ForeclosureForeclosure occurs when an owner by default on the mortgage and the mortgage lender enters property property sale auction.Protecting tenant is used 2009It foreclosure, tenants, which is owned by default stay most of their rights at home would lose, but due to protection 2009 foreclosure Act, is advocating more case.Tenants in LeasesUnder that new federal legislation can remain tenant of leases at home now until the end of their term TenantsFederal right .month to month lease now requires tenants from month to month properties of Saisises either 90 days in advance before your lease terminated.Rent ControlUnder new legislation given a tenant a zone rent control and the law of "cause only" can't lose their lease due to foreclosure. The new owner of the property must be the previous lease honour and can only remove or deny renewal of that under the laws of rent in this area lease for one of the reasons allowed.