In General
Evictions are sometimes referred to as dispossessory actions, unlawful detainers, and actions in ejectment, but the purpose is always the same: for a lender who has obtained title to the property at a foreclosure sale to gain possession of the property. Although the laws vary, generalities exist across states.
Lender Becomes a Landlord
The lender often finds itself the owner of the property at a foreclosure sale. At that moment, the relationship between the occupant of the property and the purchaser at the foreclosure sale immediately changes. The purchaser becomes the landlord of the occupant and the occupant becomes the tenant of the purchaser. This forced tenancy situation is generally referred to as tenancy at sufferance. Tenancy at sufferance describes the situation where a person or entity initially gains possession of the property legally and lawfully, but thereafter remains in possession of the property without permission of the owner. If the occupant refuses to leave, an owner must resort to the courts to evict the occupant.
The above was taken from the website www.msplaw.com. Although the site offers eviction summary for just a few states, the information given gives the reader a better understanding of eviction laws. It’s good reading – particularly well written.
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Terry Platt
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