HB 444 - AS INTRODUCED
2025 SESSION
25-0862
11/09
HOUSE BILL444
AN ACTrelative to a tenant's right to notification prior to the sale of a multi-family home.
SPONSORS:Rep. Read, Rock. 10; Rep. Levesque, Straf. 4; Rep. Preece, Hills. 17; Rep. Seibert, Hills. 21
COMMITTEE:Housing
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ANALYSIS
This bill requires the owner of restricted multi-family residential property to provide tenants with notice of sale of the property and an opportunity to make an offer to purchase the property.
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Explanation:Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
25-0862
11/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Five
AN ACTrelative to a tenant's right to notification prior to the sale of a multi-family home.
Be it Enacted by the Senate and House of Representatives in General Court convened:
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.