Renters Foreclosure Rights


My family and I moved into a house in July.  About 6 weeks after moving in, we began receiving mail from the homeowners association regarding overdue fees and a lein being placed on the property.  After further investigation, we discovered that less than two weeks after signing the lease, the property was foreclosed on.  We discovered this in October.  I contacted the attorney for the bank and was told we have 90 days protection under the tenant protection foreclosure act of 2009.  Again, I began researching and discovered that we should be able to continue residing here until the end of our lease.  However, the bank has demanded that we vacate the premises within 3 days.  Yes, that would be Christmas day.  I spoke to our clerk of courts and was informed that no eviction has been filed.  Is anyone familiar with the protection act and can you tell me what our rights are.

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Edited on: Thursday, April 4th, 2013 10:18 am

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