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On May 20, President Obama signed the Helping Families Save Their Homes Act of 2009. Title VII of the new law provides protections to tenants from eviction as a result of foreclosure on the properties they are renting. These provisions took effect on May 20 and will expire on Dec. 30, 2012.
With widespread confusion surrounding the implications and reach of this statute, some clarification is in order to ensure compliance by all involved parties.
