Last month, you might have caught my blog post about knowing your rights in case your apartment building goes into foreclosure. If you did, then you know that a new federal law ensures that tenants may stay in their apartment for 90 days or possibly much longer if their landlord can't pay the mortgage and this leads to foreclosure.
According to a recent report in the New Haven Independent, a tenant at an apartment building in New Haven, Connecticut knew about this law and called her new landlord on it when he tried to evict her. The landlord that purchased the building in foreclosure ordered the tenant to vacate her apartment, offering her a "cash for keys" deal in return for leaving within 21 or 30 days.
But the tenant, armed with knowledge of the law, fired back and asserted her right to stay. Indeed, since the tenant was living in her apartment under a lease at the time of foreclosure, she's entitled to remain a tenant until her lease expires next July.
Now that she's pointed this out to her new landlord, it looks like the tenant won't be giving up her home so fast.
Knowledge is power.
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