Title: Tenants Rights in Foreclosure | Department of Financial Services
Headings: 
Help for Homeowners
Tenants Rights in Foreclosed Properties
Before the Foreclosure
Pre-Foreclosure Notice
Tenants May Be Named in the Foreclosure Action
While the Foreclosure is Pending
After a Foreclosure Action
After Sale and Title Transfer

Content: Tenants Rights in Foreclosure | Department of Financial Services
Help for Homeowners
Foreclosure Assistance
Help for Homeowners Facing Foreclosure
Find a Housing Counselor
Help for Tenants in Foreclosed Properties
If You Fall Behind
Know Your Options
Know Your Rights
Settlement Conferences
Subprime & High Cost Home Loans
Reverse Mortgages
Mortgage Escrow Accounts
Title Insurance
Homeowners Insurance
Basic Coverage and Adding Coverage
Cancellations and Nonrenewals
Choosing a Policy
How Much Insurance Do You Need? Force-Placed Insurance
Maintaining Adequate Insurance
Problems Obtaining Insurance
Shopping for Insurance
Understanding What Affects the Cost
Managing and Mitigating Losses
Renters & Tenants
A Tenant's Rights in Foreclosure
Rent-To-Own and Installment Contracts
Renter's Insurance
Storm Preparedness
Disaster and Flood Resource Center
Tenants Rights in Foreclosed Properties
An issue for tenants in foreclosed properties is property maintenance. During the foreclosure process, it can be difficult to determine who is responsible for maintenance of the property. The current property owner, the tenants, the foreclosing party (usually a bank), and the new owner of a property going through foreclosure all have certain rights and obligations. Before the Foreclosure
Pre-Foreclosure Notice
At the start of the foreclosure action, the bank must notify all tenants that the property is the subject of a foreclosure action. Tenants must receive this notice before any post-foreclosure eviction action may be brought in court. The bank must provide its name, address, and telephone number on all notices to tenants. For buildings with fewer than five rental units, the bank must deliver notice directly to each tenant by certified, first-class mail. For buildings with five or more rental units, the bank may instead post copies of the notice on the outside of each of the building’s entrances and exits. This is an important right.