Within seven (7) days of having been served a foreclosure action, an owner or landlord, or vendor of a premises that is the subject to a foreclosure action and the plaintiff of the foreclosure action shall disclose, in writing, to all tenants and vendees of the premises that a foreclosure action has been filed against the owner or landlord. An owner, landlord or vendor and the plaintiff of a foreclosure action shall also disclose, in writing, the notice of foreclosure to any other third party who has a pattern or practice of paying rent to the owner or landlord on behalf of a tenant.
Before a tenant initially enters into a rental agreement for a dwelling unit, the owner or landlord of a premises that is the subject to a foreclosure action shall disclose, in writing, that said owner or landlord is named in a foreclosure action.
Before a vendee initially enters into a land installment contract for a dwelling unit, the vendor of a premises that is the subject to a foreclosure action shall also disclose, in writing, that said vendor is named in a foreclosure action.
Said written disclosure shall identify the court in which the foreclosure action is pending, the case name, the case number, the plaintiff, the plaintiff's attorney, and the plaintiff's attorney contact information and shall include the following language:
"This is not a notice to vacate the premises. This notice does not mean ownership of the building has changed. All tenants are still responsible for payment of rent and other obligations under the rental agreement. The owner or landlord is still responsible for their obligations under the rental agreement. You shall receive additional notice if there is a change in owner."
(Ord. 243-09. Passed 5-12-09.)