What to do if our rentl was forclosed on 4 month ago?

It goes to sherrif’s auction next month. We knew nothing of this until I received a call from someone asking if I knew our place was going to auction. What laws were violated and what rights do we have?

Asked on January 23, 2013 under Real Estate Law, Wisconsin

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 7 years ago | Contributor

Since 2009 renters are now afforded additional protection under federal law.  President Obama signed the "Protecting Tenants at Foreclosure Act of 2009" which provides that leases survive a foreclosure. A tenant could stay at least until the end of the lease, and month-to-month tenants would be entitled to 90 days' notice before having to move out. An exception was carved out for the buyer who intends to live on the property -- this buyer may terminate a lease with 90 days' notice. Good luck.


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