1.1.................... moves to amend H.F. No. 1515 as follows:
1.2Page 1, delete section 2 and insert:
1.3 "Sec. 2. Minnesota Statutes 2011 Supplement, section 504B.285, subdivision 1a,
1.4is amended to read:
1.5 Subd. 1a.
Grounds when the person holding over is a tenant in a foreclosed
1.6residential property. (a) For any eviction action commenced on or before December 31,
1.72012 2014, with respect to residential real property or a dwelling where the person holding
1.8the residential real property or dwelling after the expiration of the time for redemption on
1.9foreclosure of a mortgage was a tenant during the redemption period under a lease of any
1.10duration, and the lease began after the date the mortgage was executed, but prior to the
1.11expiration of the time for redemption, the immediate successor in interest must provide
1.12at least 90 days' written notice to vacate, given no sooner than the date of the expiration
1.13of the time for redemption, and effective no sooner than 90 days after the date of the
1.14expiration of the time for redemption, provided that the tenant pays the rent and abides
1.15by all terms of the lease.
1.16(b) For any eviction action commenced on or before December 31,
2012 2014,
1.17with respect to residential real property or a dwelling where the term of a bona fide lease
1.18extends more than 90 days beyond the date of the expiration of the time for redemption,
1.19the immediate successor in interest must allow the tenant to occupy the premises until
1.20the end of the remaining term of the lease, and provide at least 90 days' written notice to
1.21vacate, effective no sooner than the date the lease expires, provided that the tenant pays the
1.22rent and abides by all terms of the lease, except if the immediate successor in interest or an
1.23immediate subsequent bona fide purchaser will occupy the unit as the primary residence,
1.24the immediate successor in interest must provide at least 90 days' written notice to vacate,
1.25given no sooner than the date of the expiration of the time for redemption, effective no
1.26sooner than 90 days after the date of the expiration of the time for redemption, provided
1.27that the tenant pays the rent and abides by all terms of the lease.
2.1For purposes of this section, a "bona fide lease" means:
2.2(1) the mortgagor or the child, spouse, or parent of the mortgagor is not the tenant;
2.3(2) the lease or tenancy was the result of an arm's-length transaction; and
2.4(3) the lease or tenancy requires the receipt of rent that is not substantially less than
2.5fair market rent for the property or the unit's rent is reduced or subsidized by a federal,
2.6state, or local subsidy.
2.7(c) For any eviction action commenced on or before December 31,
2012 2014, with
2.8respect to residential real property or a dwelling involving a tenancy subject to section
2.98 of the United States Housing Act of 1937, as amended, where the term of the lease
2.10extends more than 90 days beyond the date of the expiration of the time for redemption,
2.11the immediate successor in interest must allow the tenant to occupy the premises until
2.12the end of the remaining term of the lease and provide at least 90 days' written notice to
2.13vacate, effective no sooner than the date the lease expires, provided that the tenant pays
2.14the rent and abides by all terms of the lease, except if the immediate successor in interest
2.15will occupy the unit as the primary residence, the immediate successor in interest must
2.16provide at least 90 days' written notice to vacate, given no sooner than the date of the
2.17expiration of the time for redemption, effective no sooner than 90 days after the date
2.18of the expiration of the time for redemption, provided that the tenant pays the rent and
2.19abides by all terms of the lease."
2.20Renumber the sections in sequence and correct the internal references
2.21Amend the title accordingly