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VT H0440
Bill
Status
2/28/2025
Primary Sponsor
Saudia Lamont
Click for details
AI Summary
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Restricts no-cause evictions to four specific circumstances: units in owner-occupied 2-3 unit buildings, units requiring renovations exceeding 50% of value, landlord or immediate family intending to occupy the premises, or tenant refusing reasonable lease renewal terms
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Requires landlords to provide at least 3 months notice for no-cause terminations, plus relocation expenses equivalent to one month's rent or waiver of final month's rent
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Caps annual rent increases at 3% plus the Consumer Price Index or 8%, whichever is lower, with 90 days advance notice required
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Establishes that lease expiration alone does not constitute cause for eviction, and no-cause protections do not apply during a tenant's first 6 months of occupancy
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Takes effect July 1, 2025
Legislative Description
An act relating to providing protections against no-cause eviction
Last Action
Read first time and referred to the Committee on General and Housing
2/28/2025