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FL H0127

Bill

Official Source

Status

Introduced

1/6/2011

Primary Sponsor

Rick Kriseman

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Creates section 45.036 of Florida Statutes to establish tenant rights during residential property foreclosures
  • Defines "bona fide tenants" as those occupying property under valid leases not substantially below fair market rent, excluding mortgagors and their immediate family
  • Requires successors in interest who acquire foreclosed properties to provide bona fide tenants with 90 days' notice before termination
  • Allows successors to terminate leases early only if the property is sold to a purchaser who will occupy it as a primary residence, but still requires the 90-day notice period
  • Takes effect July 1, 2011

Legislative Description

Rental Property Foreclosure

Last Action

Indefinitely postponed and withdrawn from consideration

5/7/2011

Committee Referrals

Civil Justice Subcommittee1/25/2011

Full Bill Text

No bill text available