The California Homeowner Bill of Rights went into effect on January 1, 2013, further protecting the state’s homeowners against the unfair bank practices that forced thousands into foreclosure when it wasn’t necessary.

The Bill of Rights includes:

Restrictions against dual-track foreclosures – A lender cannot foreclose on a homeowner while the homeowner is working toward a loan modification.

The guarantee of a single point of contact – Homeowners will only have to deal with one representative or team of representatives of the lender while trying to work toward a loan modification.

Enforced verification of documents – Lenders can be fined up to $7,500 per loan if they record and file multiple unverified documents.

Enforceability – Homeowners can seek damages for violations of the new foreclosure laws by lenders.

Tenant rights – Those who purchase foreclosed homes will have to give the occupants of the home 90 days before they initiate eviction proceedings.

An extension of the statute of limitations to prosecute mortgage fraud – The statute of limitations has been increased from one to three years.

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