Bill Text: CA SB1473 | 2011-2012 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Tenants: foreclosure and unlawful detainer.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Engrossed - Dead) 2012-08-30 - Ordered to inactive file on request of Assembly Member Charles Calderon. [SB1473 Detail]

Download: California-2011-SB1473-Introduced.html

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BILL NUMBER: SB 1473	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Hancock
   (Coauthors: Senators DeSaulnier, Leno, and Pavley)

                        FEBRUARY 24, 2012

   An act relating to mortgages.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1473, as introduced, Hancock. Mortgages and deeds of trust:
foreclosure: tenants.
   Existing law generally regulates mortgages and deeds of trust,
including establishing procedures for foreclosure in case of default.
Existing law, until January 1, 2013, grants certain rights to a
tenant residing in a housing unit that is sold in foreclosure.
   This bill would express the intent of the Legislature to enact
legislation to improve protections for tenants residing in housing
units that are subject to foreclosure.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  It is the intent of the Legislature to enact
legislation to improve protections for tenants residing in housing
units that are subject to foreclosure.