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MN Real Estate Legal Index

City of Minneapolis – Title 12 – HOUSING – CHAPTER 244. – MAINTENANCE CODE – ARTICLE XVIII. – AFFORDABLE HOUSING BUILDING SALE – 244.2140. – Notice of sale.

Law type:

Location: City of Minneapolis
Title: Title 12 - HOUSING
Chapter: CHAPTER 244. - MAINTENANCE CODE
Article: ARTICLE XVIII. - AFFORDABLE HOUSING BUILDING SALE
Code: 244.2140. - Notice of sale.

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Quoted Text From Minneapolismn.gov:

When a transfer of ownership occurs, the new owner shall within thirty (30) days deliver written notice to each affordable housing dwelling unit tenant of the building that the property is under new ownership and all of the following information:

(1)

Name, phone number, and mailing address of the new owner.

(2)

The following statement: “Minneapolis Code of Ordinances section 244.2130 provides for a three (3) month tenant protection period for affordable housing dwelling unit tenants. Under section 244.2130, an affordable housing dwelling unit tenant may be entitled to relocation assistance from the new owner if the new owner terminates or does not renew the tenant’s rental agreement without cause within the three (3) month tenant protection period. An affordable housing dwelling unit tenant may also be entitled to relocation assistance from the new owner if the tenant terminates their rental agreement because the new owner raises the rent or initiates a tenant rescreening process within the three (3) month tenant protection period.”

(3)

Whether there will be any rent increase within the three (3) month tenant protection period with the amount of the rent increase and the date the rent increase will take effect.

(4)

Whether the new owner will require existing affordable housing dwelling unit tenants to be rescreened to determine compliance with existing or modified residency screening criteria during the three (3) month tenant protection period and, if so, a copy of the screening criteria.

(5)

Whether the new owner will terminate or not renew rental agreements without cause during the three (3) month tenant protection period and, if so, notice to the affected affordable housing dwelling unit tenants whose rental agreements will terminate and the date the rental agreements will terminate.

(6)

Whether the new owner intends to increase rent, require existing affordable housing dwelling unit tenants to be rescreened to determine compliance with existing or modified residency screening criteria, or terminate or not renew affordable housing dwelling unit rental agreements without cause on the day immediately following the tenant protection period.

This same written notice shall be furnished to the director of regulatory services at the same time notice is delivered to tenants. The new owner or member of the prior owner of an affordable housing building shall not terminate or not renew a tenant’s rental agreement without cause, raise rent, or rescreen existing tenants during the tenant protection period without providing the notices required by this section. ( Ord. No. 2018-063 , § 1, 11-2-18)

Disclaimer: Laws change regularly. The information on this page is not legal advice and may not be current. Please consult the online codes that apply to your property.

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