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Tenants in Deed in Lieu: Protected by the Protecting Tenants at Foreclosure Act?

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    Tenants in Deed in Lieu: Protected by the Protecting Tenants at Foreclosure Act?

    Does the Protecting Tenants at Foreclosure Act apply if I give the bank a deed in lieu of foreclosure?

    I know if my rental property is foreclosed upon, the tenants must be given a minimum of 90 days notice to move, but if the new owner will not be moving into the property (such as a bank) the tenants have the right to remain until the end of their lease.

    Has it been established whether my tenants have the same rights if the bank accepts a deed in lieu of foreclosure from me?
    I'm not a lawyer, but here's a link to my favorite bankruptycy law blog: http://www.bankruptcyorlando.com/

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