Right to Rent Act of 2010

HB 5028 Right to Rent Act of 2010

US Congress 111th Congress

Right to Rent Act of 2010
HB-5028


About HB-5028

Right to Rent Act of 2010 - Grants eligible mortgagors subject to foreclosure proceedings the right to continue to occupy foreclosed properties subject to the payment of fair market rent for a period of five years that begins upon the commencement of occupancy of such property. Instructs the Secretary of Housing and Urban Development to:

  • (1) monitor compliance with this Act;
  • (2) provide assistance to eligible mortgagors in exercising their rights under this Act; and
  • (3) conduct outreach activities to inform eligible mortgagors of this Act.

  

Bill Texts

Introduced 11/26/2010

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History

Referred To The House Committee On Financial Services.

04/15/2010