Updated form for tenants in properties facing foreclosure
01/08/2015 | Author: Editorial Staff
When a property you’re managing is in foreclosure, there’s a form you can give the tenants to notify them of their rights and resources, General Information for Tenant of Property Facing Foreclosure (TAR 2220).
This informational form was updated recently to remove mention of the federal Protecting Tenants at Foreclosure Act, which expired Dec. 31, 2014. The updated form is available for Texas REALTORS® on texasrealestate.com and will be added to zipForm soon.
Visit the Property Management page to watch a recording of TAR’s webinar “Protecting the Property Manager at Foreclosure” that explains how foreclosure can affect property managers and tenants.
The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.
While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.