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SB 854: Rental Property Foreclosure or Short-sale Actions [SPSC]

GENERAL BILL by Sobel ; (CO-INTRODUCERS) Gaetz

Rental Property Foreclosure or Short-sale Actions [SPSC]; Requires lenders to notify tenants or lessees of potential foreclosure or short-sale actions against the rental property. Requires the lenders to provide tenants or lessees a first right of refusal to purchase the property at fair market value. Specifies lender liability for certain costs for failure to comply with certain notice requirements. Specifies time restrictions on tenants or lessees bringing actions for damages, etc.

Effective Date: 07/01/2010
Last Action: 4/30/2010 Senate - Died in Committee on Judiciary
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    12/7/2009 Senate • Filed
    1/14/2010 Senate • Referred to Judiciary; Banking and Insurance
    3/2/2010 Senate • Introduced, referred to Judiciary; Banking and Insurance -SJ 00061
    4/30/2010 Senate • Died in Committee on Judiciary

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  • SB 854, Original Filed Version (Current Bill Version) Posted 12/7/2009 at 10:39 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 125 Rental Property Foreclosure or Short-sale Actions Rogers Identical Last Action: 3/2/2010 H Introduced, referred to Civil Justice & Courts Policy (CCJP); Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; Criminal & Civil Justice Policy Council -HJ 00019; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 01/12/10, 10:00 am, Reed Hall --Temporarily deferred; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 03/01/10, 2:15 pm, Reed Hall; Unfavorable by Civil Justice & Courts Policy (CCJP), laid on Table; YEAS 2 NAYS 9 -HJ 00207
    Location:

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