New federal and state laws protect tenants whose landlords are foreclosed. According to the article “Your landlord got foreclosed. Do you have to go?” on CNNMoney.com, some banks, real estate agents, and attorneys may be preying on tenants not familiar with these laws.
Note these law apply after the foreclosure auction, not when the landlord has been given notice of a future, pending foreclosure sale.
If your landlord has lost the property you are renting to a foreclosure auction and you believe your are being pressured to vacate by the lender, or their attorney or real estate agent, you should seek legal advice.
