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Real Estate & Property Law

: The Home Equity Theft Reporter

New Rule Now Mandates Foreclosing Lenders To Advise New Jersey Tenants Of Their Legal Right To Stay Put

By r morris

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In Northern New Jersey, The Record reports:New Jersey tenants whose landlords fall into foreclosure have a right to stay in their homes ? and lenders must tell them that, under a new rule adopted by the New Jersey Supreme Court. [...] Under the rule, before lenders obtain a final foreclosure judgment, they must inform tenants living in the property that they have the right to stay. The rule also

Full post as published by The Home Equity Theft Reporter on December 03, 2009 (boomark / email).

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