Episode 160 - The Protecting Tenants in Foreclosure Act
In this week's episode of The Crushing Debt Podcast, I talk about a Federal law that went away, came back in the form of a Florida law, and now is back as a Federal Law - The Protecting Tenants in Foreclosure Act.
The federal version of the law allowed a tenant to remain in his lease if the house was taken in foreclosure, except under certain circumstances. The Florida version of the law required a 30-day notice by the creditor (less tenant friendly than the federal version). The new federal version brings back some of those more tenant-friendly provisions, with a few changes.
If you buy foreclosure properties and have questions about the law, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
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