News

Landlords must disclose foreclosure

Prospective tenants, as of January 2013, will have the right to be informed of possible foreclosure of a residence they are planning to rent.

Gov. Jerry Brown signed SB 1191 into law on Sept. 25. It was authored by state Sen. Joe Simitian, D-Palo Alto, and is another in a series of constituent-proposed laws from his annual "There Oughta Be a Law" contest.

"In this foreclosure crisis, much of the focus has been on homeowners, and renters have gotten lost in the shuffle," Sen. Simitian said in a written statement. "(This law) is going to ensure that renters don't get their homes yanked out from under them, and are fully informed before they sign a lease on the dotted line."

Samantha James of San Jose came up with the idea about a year ago after having paid a security deposit to rent an apartment, only to discover two months after furnishing and moving into the unit that the building was in foreclosure proceedings.

Dave Boyce

Comments

There are no comments yet. Please share yours below.

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Choose a category: *

Since this is the first comment on this story a new topic will also be started in Town Square! Please choose a category that best describes this story.

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Scott’s Seafood Mountain View to close, reopen as new concept
By Elena Kadvany | 7 comments | 2,827 views

Who Says Kids Don’t Eat Vegetables?
By Laura Stec | 7 comments | 1,564 views

Breastfeeding Tips
By Jessica T | 10 comments | 1,467 views

Community Service Helps You, Too
By John Raftrey and Lori McCormick | 1 comment | 1,055 views

Having A Hard Time Getting Your Child To Dive Into Their Summer Reading? Take A Trip To Bookopolis…
By Erin Glanville | 0 comments | 501 views