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Real Estate & Property Law

: The Home Equity Theft Reporter

NJ Law Seeks To End Illegal "Bulldozing" Of Tenants Out Of Foreclosed Homes; F'closure Purchasers Now Required To Inform Renters Of Right To Stay Put

By r morris

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In Trenton, New Jersey, The Philadelphia Inquirer reports:A bill passed by the New Jersey Legislature [last week] would give tenants living in foreclosed buildings a better understanding of their rights. Part of a push by Public Advocate Ronald Chen's office, the bill requires that when a property is sold at a foreclosure sale, the buyer must notify tenants of their right to stay in their homes

Full post as published by The Home Equity Theft Reporter on January 19, 2010 (boomark / email).

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