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