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House Bill 1081

House Bill 1081

ARCHIVE (2009)

Latest Information

DIGEST OF HB1081 (Updated March 17, 2009 3:29 pm - DI 84)

Rental property foreclosure notices . Requires the owner or former owner of residential real property containing four or fewer rental units to notify the tenants if a judgment of foreclosure is entered concerning the property, and permits a tenant to terminate a rental agreement if a judgment of foreclosure is entered against the owner or former owner. Authorizes a tenant to bring a civil action if the owner or former owner does not comply with the notice provisions, and provides that a tenant who terminates a rental agreement early in compliance with the statute does not forfeit the damage deposit due to the early termination, but may still be liable for actual damages. Specifies that the notice provisions do not apply to: (1) an action in which the plaintiff states in the complaint that the foreclosure will not affect the rights of a nondefaulting tenant; and (2) real property where a receiver has been appointed. Makes conforming amendments.
Current Status:
In Conference Committee
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