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Politics : View from the Center and Left

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To: Bread Upon The Water who wrote (111854)5/26/2009 10:09:41 AM
From: Cogito  Read Replies (3) of 541747
 
>>I'd like to know how the feds have jurisdiction in this area--going foward maybe through federal money guaranteeing the loan on the property, but I don't know how they can rewrite the rules of state law on evictions for loans previously made.

They're altering a contract, IMHO.<<

Vinter -

Altering a contract? I don't think I've ever seen a lease agreement that says that in the event of a foreclosure, the tenant may be evicted without notice.

I wouldn't sign a contract that included that clause.

- Allen
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