• X
  • Home
  • Attorneys
    • Maxxwell Hamilton
    • Jonathan Klurfeld
  • Reviews
  • Practice Areas
    • Real Estate
    • HOA/Condominium
    • Debt Collection
    • Criminal Defense
    • Car Accidents
    • Premises Liability
    • Lawsuits/Litigation
    • Insurance Claims
    • Foreclosure Defense
    • Business/Small Business
    • Contracts
    • Small Claims
    • Demand Letters
  • News
  • Guides
    • Foreclosure Process
    • Foreclosure FAQ/Definitions
    • Short Sale
    • Deed In Lieu
    • Foreclosure Tax Consequences
    • Car Accident To-Dos
    • Car Accident Laws and Insurance
    • Slip and Fall Guide
  • FAQ/Billing
  • Contact Us
  • info@HKLegalGroup.com

  • Boca Raton Office:

  • 754-900-1529

HK Legal Group
  • Home
  • Attorneys
    • Maxxwell Hamilton
    • Jonathan Klurfeld
  • Reviews
  • Practice Areas
    • Real Estate
    • HOA/Condominium
    • Debt Collection
    • Criminal Defense
    • Car Accidents
    • Premises Liability
    • Lawsuits/Litigation
    • Insurance Claims
    • Foreclosure Defense
    • Business/Small Business
    • Contracts
    • Small Claims
    • Demand Letters
  • News
  • Guides
    • Foreclosure Process
    • Foreclosure FAQ/Definitions
    • Short Sale
    • Deed In Lieu
    • Foreclosure Tax Consequences
    • Car Accident To-Dos
    • Car Accident Laws and Insurance
    • Slip and Fall Guide
  • FAQ/Billing
  • Contact Us

Protecting Tenants at Foreclosure Act of 2009 Has Expired

  • Home
  • /Foreclosure
  • /Protecting Tenants at Foreclosure Act of 2009 Has Expired
Before President Obama signed the “Protecting Tenants at Foreclosure Act of 2009,” most renters lost their leases when the bank foreclosed on the owner.   This Act provided that leases would survive a foreclosure, with certain provisions. The tenant could stay at least until the end of the lease written lease if they were a “bona fide” tenant, meaning that the property was rented out at market value (not for $100 per month).  A month-to-month tenant without a written lease would be entitled to 90 days’ notice before having to move out.  
An exception was formed for a buyer who intends to live on the property.  This buyer could terminate a lease with 90 days’ notice.  This was done to exclude foreclosing banks and investors from kicking out true innocent tenants. 
These protections applied to Section 8 tenants, too.
On December 31, 2014, this Act expired as it was not renewed by Congress.  Now the law is back to the state where an innocent tenant, who had no knowledge of any foreclosure other than paying money to an owner pocketing the money and not paying the bank, taxes, insurance or maintaining the property, can be evicted upon title to ANY new owner.  This will surely have a large affect on many tenants across the country; especially in Florida.
  • 06 February 2015
  • Foreclosure
  •  0 Comments
  •  Like
  • foreclosure , protecting tenants
Related Posts
  • Green Tree Mortgage $48 million Settlement
  • Mortgage Debt Forgiveness Act May Be Renewed After All
  • 4th DCA Holds When Borrower Prevails in Lack of Standing Dismissal, Cannot Get Attorney’s Fees!
  • Florida 4th DCA Holds Lis Pendens Expires at Final Judgment of Foreclosure; Opens Title Controversy
Freddie Mac To Lower Standards To Get Mortgage →← Florid 2nd DCA Holds 559.715 Assignment of Debt Notices NOT Applicable to Foreclosure
1
Comment
  1. Muawia
    May 6, 2017 at 3:44 am

    I agree , after foreclosure the lis pendans should be expired because there is no meaning for foreclosure final judgement to sell the house and its title cary lis pendense.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • FREE Case Evaluation


  • Archives

  • Recent tags

    718 attorney's fees bartram boca raton foreclosure defense borrower condo condo fees condominium contract court default default date defense delray beach condominium HOA delray beach foreclosure defense Eviction Florida florida foreclosure statute florida statutes Florida Supreme Court foreclosure foreclosure defense foreclosure judgment foreclosure procedures foreclosure statute of limitations fort lauderdale condominium HOA fort lauderdale foreclosure defense HOA HOA fees homeowners landlord lis pendens loan loan modification Mortgage mortgage foreclosure palm beach condominium HOA palm beach foreclosure defense pre-foreclosure protecting tenants rent repeat foreclosures sale date standing stats
  • Accessibility Statement