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Committee hears compromise on shortening notice for buyer-occupant sales; tenant advocates push protections
Summary
The Senate Committee on Housing and Development held a public hearing March 3 on a bill that would change notice rules when a tenant-occupied dwelling is sold to a buyer who intends to live there.
The Senate Committee on Housing and Development held a public hearing March 3 on Senate Bill 586, which would change how much notice a landlord must give a tenant in a fixed-term tenancy when the landlord has accepted an offer from a buyer who intends to reside in the unit.
LPRO staff summarized the bill: the measure, as introduced, would reduce the required notice period from 90 days to 45 days after the fixed term concludes if the landlord has accepted an offer to sell the dwelling unit to a buyer who intends to occupy it, and would eliminate the requirement that…
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