Sec. 47a-20f. Offer of incentive to tenant in foreclosed property to vacate. - Connecticut Statutes

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Statutes > Connecticut > Title47a > Chap830 > Sec47a-20f

      Sec. 47a-20f. Offer of incentive to tenant in foreclosed property to vacate. Upon the foreclosure of a mortgage or lien of residential real property, any money or other valuable consideration offered by a mortgagee, lienholder or successor in interest to a tenant in possession as an incentive to vacate the premises shall (1) if there is evidence of the amount or value of the security deposit paid by the tenant, be at least equal in amount or value to the security deposit and interest that would be due such tenant pursuant to chapter 831 upon the termination of the tenancy and be in addition to any such security deposit and interest, or (2) if there is no evidence of the amount or value of the security deposit paid by the tenant or no security deposit was paid by the tenant, be in the amount of two months' rent or two thousand dollars, whichever is greater. No mortgagee, lienholder or successor in interest may require a tenant in possession, as a condition of the receipt of such money or other valuable consideration, to waive or forfeit any rights or remedies such tenant may have under law against such mortgagee, lienholder or successor in interest other than the right to bring an action to reclaim the security deposit and interest that would be due such tenant.

      (Nov. 24 Sp. Sess. P.A. 08-2, S. 7.)

      History: Nov. 24 Sp. Sess. P.A. 08-2 effective November 25, 2008.

State Codes and Statutes

Statutes > Connecticut > Title47a > Chap830 > Sec47a-20f

      Sec. 47a-20f. Offer of incentive to tenant in foreclosed property to vacate. Upon the foreclosure of a mortgage or lien of residential real property, any money or other valuable consideration offered by a mortgagee, lienholder or successor in interest to a tenant in possession as an incentive to vacate the premises shall (1) if there is evidence of the amount or value of the security deposit paid by the tenant, be at least equal in amount or value to the security deposit and interest that would be due such tenant pursuant to chapter 831 upon the termination of the tenancy and be in addition to any such security deposit and interest, or (2) if there is no evidence of the amount or value of the security deposit paid by the tenant or no security deposit was paid by the tenant, be in the amount of two months' rent or two thousand dollars, whichever is greater. No mortgagee, lienholder or successor in interest may require a tenant in possession, as a condition of the receipt of such money or other valuable consideration, to waive or forfeit any rights or remedies such tenant may have under law against such mortgagee, lienholder or successor in interest other than the right to bring an action to reclaim the security deposit and interest that would be due such tenant.

      (Nov. 24 Sp. Sess. P.A. 08-2, S. 7.)

      History: Nov. 24 Sp. Sess. P.A. 08-2 effective November 25, 2008.

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State Codes and Statutes

Statutes > Connecticut > Title47a > Chap830 > Sec47a-20f

      Sec. 47a-20f. Offer of incentive to tenant in foreclosed property to vacate. Upon the foreclosure of a mortgage or lien of residential real property, any money or other valuable consideration offered by a mortgagee, lienholder or successor in interest to a tenant in possession as an incentive to vacate the premises shall (1) if there is evidence of the amount or value of the security deposit paid by the tenant, be at least equal in amount or value to the security deposit and interest that would be due such tenant pursuant to chapter 831 upon the termination of the tenancy and be in addition to any such security deposit and interest, or (2) if there is no evidence of the amount or value of the security deposit paid by the tenant or no security deposit was paid by the tenant, be in the amount of two months' rent or two thousand dollars, whichever is greater. No mortgagee, lienholder or successor in interest may require a tenant in possession, as a condition of the receipt of such money or other valuable consideration, to waive or forfeit any rights or remedies such tenant may have under law against such mortgagee, lienholder or successor in interest other than the right to bring an action to reclaim the security deposit and interest that would be due such tenant.

      (Nov. 24 Sp. Sess. P.A. 08-2, S. 7.)

      History: Nov. 24 Sp. Sess. P.A. 08-2 effective November 25, 2008.