Federal Protecting Tenants at Foreclosure Act Saves Renters

by Moe Bedard on November 9, 2009

The federal Protecting Tenants at Foreclosure Act, which was adopted in May, “was a complete game changer for renters,” Marx said. Before this, a foreclosure discontinued the lease and tenants lost the right to stay in their homes.

Marx said the July 13 letter, which was signed by “evictions team lead” Daniel J. Lailer of the Rhode Island firm, “is an outright violation of the tenant act.”

The 48-hour request to respond “implies that choosing the cash for keys is their only option. This letter unfairly and deceptively pressures them to move. If I received it, the first thing I would do is cry and the second thing would be to pack my bags,” she said.

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