Blog Archives

Protecting Tenants at Foreclosure Act of 2009

Prior to 2009, when a lender foreclosed on a home, the property was sold at an auction and the new owner, frequently the bank that initiated the foreclosure proceeding was now the legal owner of the property. As such, your rights as a tenant under the lease agreement were substantially negated. Practically speaking, the foreclosure action and subsequent purchase of the rental property terminated your lease agreement with your landlord forcing an abrupt uprooting of you and your family. Read the rest of this entry

Rental Agreements: Lease’s to protect the Landlord (Part 1 of 3)

Whether or not to rent your home is an important decision that should be made only after careful thought, deliberation, and planning. This decision could lead to be a very profitable one, or one that could potentially cost you tens of thousands of dollars. A thorough rental agreement can make all the difference in the world.  This week I will begin discussing rental/lease agreements, and certain clauses that every homeowner should include in such an agreement. While reading this and upcoming blogs, keep in mind that what I am discussing is for the benefit and protection of the landlord, not necessarily the tenant. Read the rest of this entry