Thursday, March 23, 2017

Massachusetts Now Requires 90 Days Notice to Evict Former Owner After Foreclosure?

Previously, a former owner residing in real property after a mortgage foreclosure was considered a 'tenant at sufferance' and not entitled to any notice before instituting legal process to evict. Sensible foreclosing lenders usually give the foreclosed owner notice to quit and a reasonable time to vacate, if not some form of 'cash for keys' whereby the lender in effect compensates the former owner to leave voluntarily. Based on a Lawyer's Weekly summary it appears a Massachusetts Southeastern Housing Court judge has indicated lenders are required to give 90 days notice to quit.

I have not been able to obtain a copy of the decision yet but if the summary is correct postforeclosure evictions in Massachusetts have changed drastically. More later.

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