NAR_grey_logo-01

Selling a Foreclosure? Don’t Ignore the Tenant

You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Selling a Foreclosure? Don’t Ignore the Tenant ”.

Comments
  1. Melinda Epps

    If a short term tenant (less than 90 days left on their lease) does not pay the rent per the lease agreement can they be evicted or do they still have the right to the 90 days.

    The question would be the same for a long term tenant if they did not pay for 90 days. Can they be evicted prior to the 90th day.

  2. The law on “The Protecting Tenants at Foreclosure Act” would surely benefit the tenants as long as they are are aware of such law. As a tenant, it is important to consider as well the current status of the property before dwelling with it.

  3. Robert Freedman

    Thanks for your question about whether PTFA applies when tenants violate their lease agreement. On the face of it, it would seem the lease agreement would hold, so if the tenant violates a term of the lease, whether it’s a long-term or short-term lease, than the tenant would be subject to removal, regardless of PTFA. But that’s just an opinion, and isn’t authoritative, so let me suggest you pose the question to an authority on the topic, which is the National Law Center on Homelessness and Poverty, which can be reached here.

  4. BB

    How do I keep (non paying) tenants from presenting a fake lease to new owner when house when house goes up for auction? They are the reason for the foreclosure in the 1st place. The have threatened,lied, intimidated, and stolen their way to this point and house goes up for auction in 1 week. They are still in it. I called bank and they do not seem to care.It just kills me they get a “free ride” like this for SO long. In OUR house!!! We do not have the money to evict them.

ADD YOUR COMMENT