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Florida Tenant Rights in Foreclosure

The news can be tough to follow, from the violence in Maryland to the earthquake in Nepal. The good news unfortunately seems to get buried in small articles and clips.  However, it is there fore those who look.  The past few weeks have yielded good news for homeowners and tenants alike, in different forms. As discussed in earlier blogs, the Protecting Tenants at Foreclosure Act of 2009 (PTFA) expired at the start of this year.  The PTFA protected tenants from being immediately evicted if the [...]

Expiration of Protection for Tenants in Foreclosure

Jacksonville, FL Tenants in Foreclosure When lenders pursue foreclosure of a home, it is not just the homeowner that is impacted. If the property is being rented, the tenant will also be negatively impacted but with fewer rights to assert than the landlord, property owner. During the height of the housing crisis, the nation saw a sharp increase in the number of tenants being evicted mid-lease by lenders or new owners often with virtually no notice.  Some  estimates indicate that up to 40% of f[...]