Foreclosure in 37066>Question Details

Kathy Hughes, Real Estate Pro in Franklin, TN

how long does renter have to move out of a house going into foreclosure?

Asked by Kathy Hughes, Franklin, TN Fri Jul 5, 2013

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3
Sherry Wheeler’s answer
You cannot be evicted because of foreclosure.

Under the Protecting Tenants at Foreclosure Act of 2009, most tenants cannot be automatically evicted when their landlords are foreclosed on. Whether the home is sold at foreclosure auction or it is retained by the bank, the law gives tenants additional time to find a new place to live. If you have a written lease, you are allowed to stay in your home until the lease expires. If you are a month-to-month tenant, you are entitled to 90 days’ notice before your new landlord can evict you.


Owner Occupancy

The law contains one major exception. If a new owner buys your home at foreclosure auction and plans to move into the residence, you are only entitled to 90 days’ notice before being forced to vacate. This exception applies regardless of the terms of your lease.



Read more: http://www.ehow.com/info_12016392_tenant-rights-during-forec…
1 vote Thank Flag Link Fri Jul 5, 2013
it is a 90 day notice, but you have to be evicted.
0 votes Thank Flag Link Thu Jun 5, 2014
You have a foreclosure in NASHVILLE and in Santa Clara?
0 votes Thank Flag Link Fri Jul 5, 2013
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