Bill
Bill > HB444
NH HB444
Relative to a tenant's right to notification prior to the sale of a multi-family home.
summary
Introduced
01/10/2025
01/10/2025
In Committee
01/30/2025
01/30/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
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.
AI Summary
This bill requires owners of restricted multi-family residential properties to provide tenants with a 60-day notice and an opportunity to purchase the property before accepting a final unconditional sales offer. Specifically, the bill modifies existing law by adding a new section that mandates landlords follow procedures similar to those used in manufactured housing park sales, though without involving the New Hampshire Manufactured Housing Association. The term "restricted multi-family residential property" suggests the law applies to specific types of multi-unit housing, though the exact definition is not provided in the bill text. The notification process gives tenants a chance to potentially buy the property they currently rent, which could help protect tenants from sudden displacement and provide them with a first option to maintain their housing stability. The bill will take effect 60 days after its passage, giving property owners and tenants time to understand and prepare for the new requirements.
Committee Categories
Housing and Urban Affairs
Sponsors (4)
Last Action
Inexpedient to Legislate: Motion Adopted Regular Calendar 213-144 02/06/2025 House Journal 4 P. 24 (on 02/06/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=862&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB444 |
BillText | https://gc.nh.gov/bill_status/legacy/bs2016/billText.aspx?sy=2025&id=871&txtFormat=html |
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