Around March 12, 2009, New Jersey Public Advocate Ronald Chen sent letters to the executive officers and managers of real estate companies informing them of the rights of residential tenants in buildings that have been foreclosed upon.
According to the 1994 Supreme Court ruling in Chase Manhattan Bank v. Josephson, the Anti-Eviction Act protects tenants living in rental units from eviction even if the property where they live has been foreclosed upon.
To obtain information from the Public Advocate and New Jersey Real Estate Commission on the rights of tenants in the foreclosure process, to see a brochure that has been prepared.