This was in the Associated Press: Buried in a housing law signed last week by President Barack Obama are protections that will help thousands of renters stay in their homes — at least for a while — after their landlords have been foreclosed on.
The law allows tenants to remain in their foreclosed rentals through the end of their leases and then 90 days after that before being forced to vacate by lenders. Renters without leases will have 90 days, a big improvement over what most received before: almost no notice at all.
“Until this law was enacted, there had been no national protections for any of these households,” said Linda Couch, deputy director at the National Low Income Housing Coalition. “This gives renters time to adjust their lives.”
This is an excellent law. I have already had to deal with this and it is such a problem for tenants.