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Tuesday, December 9, 2008
No rights for foreclosed tenants
The Atlanta Journal-Constitution
Talk about a Catch-22.
You’re a renter. You’ve paid your monthly rent religiously, on time. But the landlord or property owner has fallen behind on the payments. The property has been foreclosed on, and you the renter, won’t know a thing about it till the eviction notice arrives. Then you only have a matter of days to get gone.
Under Georgia law, tenants are not informed that a property is in foreclosure until after the process is over, according to a recent article by Andria Simmons, a Gwinnett-based reporter for The Atlanta-Journal Constitution.
A state legislator plans to propose 2008 legislation to address the issue, which is more common in the current economic straits.
What, in your opinion, should be the nuts and bolts of such legislation?
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