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MO SB181
Bill
Status
1/7/2015
Primary Sponsor
Shalonn Curls
Click for details
AI Summary
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Extends the notice period for residential tenants in foreclosed properties from 10 business days to 90 days before they can be required to vacate
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New property owners after foreclosure must provide written notice to occupants informing them of the sale and their right to remain for at least 90 days
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Prohibits unlawful detainer actions or other possession lawsuits against tenants within 90 days of the foreclosure notice
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Notice must be sent by certified/registered mail if the tenant's name is known, or by regular mail addressed to "occupant" if unknown, plus posted on the door
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Does not create a landlord-tenant relationship between new owner and occupant, but allows parties to voluntarily enter into a new lease agreement
Legislative Description
Changes the notice requirement to a tenant in a foreclosure action from ten days to ninety days
Last Action
Second Read and Referred S Judiciary and Civil and Criminal Jurisprudence Committee
1/29/2015