SB 243 IN

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Provides that a landlord may not sell a residential rental property that is subject to an unexpired written lease unless the landlord gives written notice to the tenant of the residential rental property not less than 60 days before the landlord lists the property for sale, unless certain exceptions apply. Requires a buyer of a residential rental property to honor an unexpired written lease between the previous owner and a tenant unless the buyer of the residential rental property gives written notice to the tenant that the buyer intends to terminate the lease, not less than 30 days before the lease is terminated, and pays the tenant an amount equal to one month rent plus the full security deposit as specified in the written lease.

• Andrea Hunley Democratic · author
• Greg Walker Republican · author
• Ron Alting Republican · author

1. Jan 10, 2024 Authored by Senator Hunley · upper
2. Jan 10, 2024 First reading: referred to Committee on Judiciary · upper
3. Jan 25, 2024 Senator Walker G added as second author · upper
4. Jan 29, 2024 Senator Alting added as third author · upper
5. Jan 29, 2024 Senator Niezgodski added as coauthor · upper

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced Senate Bill (S) · PDF