A new federal law provides protection to tenants of foreclosed rental properties and may help apartment dwellers such as those on Sonesta Drive and Sonesta Circle who received eviction notices last week.
President Obama signed a new law, the Protecting Tenants at Foreclosure Act of 2009, on May 20, attorney Robert Doggett, of Texas RioGrande Legal Aid in Austin, said Wednesday.
The law states that valid leases continue from one landlord to another if a property is foreclosed upon, as long as the tenant stays current with rental payments, Doggett said.
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