Legal Question in Real Estate Law in New Jersey

Do you mean if the landlord's lender forecloses on the landlord's property? and there is a lease with a tenant?

There is a federal law that protects the interests of the tenant.

The landlord doesn't have much choice in the event of foreclosure, except to try to pay up the default and the lender's costs and expenses, to reinstate the mortgage.

So I'm not sure about your question, "what legal risks would he be taking?"

This response is not legal advice, since I do not have all of the information that would be required, and I do not have a representation agreement with you.

* If the answers to your question confirm that you have a valid issue or worthwhile claim, your next step should almost always be to establish a dialog with a lawyer who can provide specific advice to you. Contact a lawyer in your county or township.

* Another reason for contacting a lawyer is that it is often impossible to give a good answer in the Internet Q&A format without having more information. The unique circumstances of your situation and things that you may not have thought to mention in your question may completely change the answer. If you want to be sure that you have a complete answer to your question and an understanding of what that answer means, establish a connection with a lawyer who practices in the area of your concern.