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1 New Section; Actions Against Tenants; Tenants' Right to Notification Prior to Sale. Amend RSA 540 by inserting after section 30 the following new section:
540:31 Notice Required Before Sale.
No owner of a restricted multi-family residential property shall make a final unconditional acceptance of any offer for the sale or transfer of the property without first giving 60 days' notice and the opportunity to make an offer to each tenant in the same manner and according to the same procedures required of a manufactured housing park owner in RSA 205-A:21, except that the New Hampshire Manufactured Housing Association shall not be included in any process.
2 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 New Section; Actions Against Tenants; Tenants' Right to Notification Prior to Sale. Amend RSA 540 by inserting after section 30 the following new section:
540:31 Notice Required Before Sale.
No owner of a restricted multi-family residential property shall make a final unconditional acceptance of any offer for the sale or transfer of the property without first giving 60 days' notice and the opportunity to make an offer to each tenant in the same manner and according to the same procedures required of a manufactured housing park owner in RSA 205-A:21, except that the New Hampshire Manufactured Housing Association shall not be included in any process.
2 Effective Date. This act shall take effect 60 days after its passage.