SB 5337 – Property Sale and Leaseback

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Exempting the sale and leaseback of property by a seller from the residential landlord-tenant act when the seller agrees to a written lease at closing.

Status: DEAD

Summary

  • Land Lord Tenant Act Exemption: Occupancy by the seller of a dwelling unit, after closing of the sale, when the buyer and seller entered into a written agreement for the seller to remain in the dwelling unit for up to six months after closing;

Sponsors: Cleveland, Braun, and Kuderer

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