Tenant Protection in Foreclosure Act of 2007

Summary

Tenant Protection in Foreclosure Act of 2007 - Amends the Truth in Lending Act with respect to the effect on a preexisting lease of foreclosure on any dwelling or residential real property securing an extension of credit. States that any successor in interest in such property pursuant to the foreclosure shall assume that interest subject to: (1) provision of a 90-day notice to vacate to any bona fide tenant of such property; (2) the rights of such a tenant either to continue occupancy until the end of a preexisting lease, or until the end of the six-month period beginning on the date of the notice of foreclosure, whichever occurs first; and (3) the right of such a tenant to the 90-day notice to vacate, if the tenant has no lease or has a lease terminable at will under state law.

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Timeline

1. 17 December 2007

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 17 December 2007

   Introduced

   Introduced in House

   Source: IntroReferral

3. 17 December 2007

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 17 December 2007 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 17 December 2007

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 17 December 2007

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 17 December 2007

  Open at official source

Sponsors

• Keith Ellison · D · Sponsor
• · hsba00 · Standing

Related records

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