Did you know that as a tenant, you have rights when your home is being foreclosed on, regardless of your income level?
From the National Low Income Housing Coalition:
On May 20, 2009, the President signed into a law a bill containing provisions protecting tenants living in foreclosed buildings. (The Protecting Tenants at Foreclosure Act is Title VII of Public Law 111-22).
These provisions immediately went into effect and are “self-executing”, so no federal agency (such as HUD) is responsible for making them work. It is up to advocates to make sure that tenants, landlords, public housing authorities, courts, the legal community, and others involved in the foreclosure process are aware of these new rights for tenants.
You can download letter templates to use if you’re in this situation from the NLIHC, and the Public Justice Center in Baltimore has more information and a brochure about the law that you can download.