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'Tenant evicted from home due to the landlord failure'

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Tenant evicted from home due to the landlord failure

03/24/09 21:39

It feels bad when you lose the home you mortgaged to foreclosure. It's even worse, however, when you have no idea at all of the foreclosure because you are just a tenant leasing the property.

Sadly, this is the case for at least 20% of foreclosure cases in the US. Renters hardly have any rights to show, because foreclosure papers trump leasing documents.

Link: Tenant evicted even though she pays rent on time - CNN.com

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Comment #1 David at 03/25/09 09:39
It is a real smart bank that evicts a tenant leaving a property vacant, subject to vandalism with zero return and then try to figure out a way to sell it, especially given the downturn in the market. The bank that evicted this lady should give the guy who made that decision a bonus.

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