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Law makes landlords tell tenants of foreclosures

Report: Surge in new-home sales signals rebound under wayRenters no longer have to worry about being surprised when their home is repossessed by a bank now that a new law requiring landlords to give them notice has been signed.

Gov. Jan Brewer signed the tenant notice bill late last week amid a flurry of action on laws passed by the legislature in the session that ended June 14.

House Bill 2281 amends the Arizona Residential Landlord and Tenant Act to require owners to provide written notice to tenants within 5 business days of receiving a notice of trustee’s sale. The law previously only required notice if a provision was in the lease.

Republican Rep. Steve Smith of Maricopa says he sponsored the bill after renters complained they were tossed out by banks without notice.

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