Disclosure of New Property Owner

January 2, 2013

 

When a property with a tenant is sold,​ the new owner must disclose to the tenants the new owner's name and address where to pay rent within 15 days of the sale. Failure to do so precludes the owner from evicting for nonpayment of rent until the owner makes the disclosure. This new law comes from Assembly Bill 1953.

 

© 2013 by Fried & Williams LLP.  All Rights Reserved.  The information contained in this article is general in nature.  For advice on any particular matter, please consult with our attorneys because the facts of your situation may be unique and the law changes from time to time.

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