Renters in Short-sale under Protecting Tenants at Foreclosure Act

Submitted by michaelhazeley from NC - 06/17/2009 - 6:43am

Can someone please explain if renters in short-sale are covered under the theHelping Families Save Their Homes Act signed on May 20, 2009 -TITLE VII - Protecting Tenants at Foreclosure Act .
Thank you.

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Comments

Submitted by Anonymous - 07/06/2009 - 9:29am

Unfortunately I don't believe so since a short sale avoids the foreclosure processs by design.  Your only recourse is against the original landlord who is essentially breaking your lease unless he/she make arragements with the new owner to assume the lease.

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