Ask Experts Questions for FREE Help !
Ask
    vawilly703's Avatar
    vawilly703 Posts: 1, Reputation: 1
    New Member
     
    #1

    Sep 23, 2011, 01:07 PM
    Virginia ternants in foreclosure?
    What is the effect of Public Law 111-22 (May 20, 2009) on length of notice to tenants to vacate after foreclosure
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Sep 23, 2011, 04:54 PM
    Prior to passage, any lease in effect at the time of foreclosure was voided. This meant that the new owners could terminate tenancy with minimal notice.

    Under the terms of the law, which are pretty clear, an existing lease needs to be honored unless the new honor plans to occupy the property. In that case, the tenant has to be given 90 days notice to vacate.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

How long does it take to foreclosure on a residence in Virginia? [ 1 Answers ]

The house I am leasing in Charlottesville is beginning to go into foreclosure. I have started looking for another place to live. I assume I am on a month to month lease since the full lease has run out. My employment may take me out of this area soon anyway but I'd rather not have to move twice....

Foreclosure eviction in virginia [ 4 Answers ]

My property has been foreclosed on and I have a court date soon for eviction. Any chance the judge will give me additional time to live in home?

Foreclosure evictions in virginia [ 2 Answers ]

My neighbor's home has been foreclosed on; how long does she have before she is evicted? Is there a timeline for this?

Virginia Foreclosure and Eviction [ 1 Answers ]

Hello, I purchased a home last week at auction. I close tomorrow, if everything goes right (otherwise, I close Tuesday). The previous owner is still living in the house. How do I have her removed? Thanks!

Tenant rights during foreclosure (virginia) [ 11 Answers ]

I'm renting a house in virginia that I just found out is being foreclosed upon. The landlord won't answer his phone or emails inquiring about the foreclosure. There is an auction for the house on nov. 8. and the winner has to close on the house in 15 days. I want to know what my rights are? ...


View more questions Search