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FL S0738
Bill
Status
Introduced
1/31/2011
Primary Sponsor
Eleanor Sobel
Click for details
AI Summary
- Creates section 45.036 of Florida Statutes establishing rights of residential tenants in foreclosure actions
- Applies only to bona fide leases and tenants, excluding properties occupied by mortgagors or their immediate family members
- Requires foreclosure successors in interest to provide at least 90 days' notice to vacate to bona fide tenants
- Allows successors to terminate leases early only when selling to a purchaser who will occupy the property as a primary residence, still subject to the 90-day notice requirement
- Effective date is July 1, 2011
Legislative Description
Rental Property Foreclosure
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011
Committee Referrals
Judiciary2/9/2011
Full Bill Text
No bill text available