The process of eviction has become more heavily regulated in recent years right along with the rest of the housing industry, mainly by the Protecting Tenants at Foreclosure Act (PTFA) of 2009.
Two
experts discussed how the process of eviction has changed in the "PTFA
and Beyond: Handling Evictions" on September 15 at the Property
Management Lab of the Five Star Conference. Tenants
who are facing foreclosure and are protected under PTFA have more
options than they did before. PTFA, like much of today's housing
regulation, was created in response to the mortgage crisis of 2008.
It was set to expire at the end of 2012 but the expiration date was
extended to December 31, 2014 due to the passage of the Dodd-Frank
Reform Act in 2010, Read more.
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