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Senate bill aims to fix title-insurance glitch and preserve right of first refusal for tenants who buy rented residential property
2766597 · March 25, 2025
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Summary
Sponsor said SB606 corrects a wording error that was preventing title insurers from issuing insurance on properties bought by tenants who previously leased them; the change is limited and was presented as noncontroversial.
Senate Bill 606 was presented as a technical fix to a wording error in last year's housing legislation that, stakeholders said, was impeding title insurers from issuing policies for buyers who purchased properties that had previously been leased.
"It fixes this tiny little…
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