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Under the Federal Protection for Tenants in Foreclosure Act, passed in 2009, the buyer at foreclosure must give the tenants 90 days to relocate. After that, in most states, the buyer must pursue a legal eviction.
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∙ 14y ago
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Can a landlord who's house went into foreclosure and he fill bankrupt and he has a section 8 tenant living in the unit 8 tenant still have to pay their family tentant contribution?
It might be best to ask the Housing Authority that issued the voucher. Bankruptcy has nothing to do with the tenant. As far as the foreclosure, it depends on what stage the foreclosure is in. Until the foreclosure sale happens, the tenant owes the rent to the landlord.
What appliances can you take with you in a foreclosure?
All of them! We are taking our all of our kitchen appliances when we are notified of our move out time. I bought them with my own money. The greedy banker didn't.
Can you rent out your home while home is in foreclosure?
Yes you can, but in most states you have to tell the potential tenant about this foreclosure.
Is a landlord exempt from giving 30-days notice stated in the lease agreement to a tenant if the property is about to be sold at foreclosure?
No. If the property is about to be foreclosed, the landlord has no obligation to give the tenant any notice of anything. After the foreclosure, the landlord will have nothing to do with the tenant.
Can a homeowner rent a house that is already in foreclosure?
The homeowner must disclose to the renter the home is in the foreclosure process. There may be fraud involved if the potential tenant is not given notice.The homeowner must disclose to the renter the home is in the foreclosure process. There may be fraud involved if the potential tenant is not given notice.The homeowner must disclose to the renter the home is in the foreclosure process. There may be fraud involved if the potential tenant is not given notice.The homeowner must disclose to the renter the home is in the foreclosure process. There may be fraud involved if the potential tenant is not given notice.
Can a foreclosure attorney collect rent from a tenant before the sale?
yes
Can a landlord sue for back rent if they lose the property in a foreclosure?
The tenant owes the rent to the landlord up the day of a foreclosure sale.
If you are a tenant in a home that the landlord is going to ask the bank for a deed in lieu of foreclosure how long until the tenant has to be out of the house?
32 minutes. if not then, run!
Can you rent out that home while that home is in foreclosure?
Yes, you can. But you must tell your new tenant about the foreclosure so that he can make a good decision on whether to rent the home. The new tenant will receive instructions from the foreclosing entity when the process has reached that point.
Do you continue to pay rent when a foreclosure sale has been postponed?
Yes. The tenant owes the rent to the landlord, right up until the foreclosure sale happens.
Can your husband be notified that the house is in foreclosure if he is not on the mortgage?
He is not going to be notified by the mortgage comany unless he is on the loan. He could pick up your mail and read it though. You will also start receiving letters from various law firms in your area regarding the foreclosure which again he might find especially if he is still in the home.
Does Fannie Mae accept life estates?
If the fee owner applies for a mortgage the life tenant must consent in writing so the property can be taken by foreclosure free of the life estate if there us a default.If the fee owner applies for a mortgage the life tenant must consent in writing so the property can be taken by foreclosure free of the life estate if there us a default.If the fee owner applies for a mortgage the life tenant must consent in writing so the property can be taken by foreclosure free of the life estate if there us a default.If the fee owner applies for a mortgage the life tenant must consent in writing so the property can be taken by foreclosure free of the life estate if there us a default.
