Reference No. CB-059-2024    Draft No. 1
Type: Council Bill Status: Presentation and referral
Meeting Body County Council
Meeting Date 7/2/2024
Introduced Date Public Hearing Date
Effective date:    
Title: AN ACT CONCERNING RENTAL HOUSING - DISCLOSURE for the purpose of requiring certain application disclosures for certain single-family rental facility or multifamily rental facility housing; requiring that certain information be provided including, but not limited, to the name and the physical address of the owner of a corporate body and the name and physical address of their agent and the name and physical address of the owner’s mortgage holder; requiring that certain disclosure
Proposers/Sponsors: Ingrid S. Watson
Code sections: 13-182 -
Attachments: 1. B2024059, 2. CB-059-2024 Summary
Contact: Kathy Canning, Legislative Attorney
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

AN ACT CONCERNING RENTAL HOUSING - DISCLOSURE for the purpose of requiring certain application disclosures for certain single-family rental facility or multifamily rental facility housing; requiring that certain information be provided including, but not limited, to the name and the physical address of the owner of a corporate body and the name and physical address of their agent and the name and physical address of the owner’s mortgage holder; requiring that certain disclosure

 

Body

FOR USE BY COUNCIL ADMINISTRATION:

 

Confidential:   Yes

 

Requested by: Ingrid S. Watson

 

Assigned to: Kathy Canning

 

Legislation Type: Bill

 

Need by Date: ASAP

 

 

Title

AN ACT concerning Rental Housing - Disclosure for the purpose of requiring certain application disclosures for certain single-family rental facility or multifamily rental facility housing; requiring that certain information be provided including, but not limited, to the name and the address of the owner of a corporate body and the name and address of their agent; requiring that certain disclosure information shall be made available by the Department to the public in a timely manner, upon request; and generally regarding rental housing disclosure.

 

Background Necessitating Legislation:

Disclosure of Ownership- Apartment building owners sharing their information instead of hiding behind an LLC since the residents didn’t know who owned the apartments as they only heard from them through emails or portals as they couldn’t reach out to an actual person except for the manager.  Eventually the property owners they started not responding and not really doing anything to the building so CM wants to find a way to stop these people from purchasing these buildings and taking advantage of the residents and just taking their rent and not using the rent to put back into the maintenance of the property.  So, some sort of pre-sale notification. 

 

Special Instructions/Concerns/Time Critical Information:

 

Including a reference to the State of Rhode Island’s database: https://dbr.ri.gov/real-estate-and-commercial-licensing/short-term-rentals <https://gcc02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fdbr.ri.gov%2Freal-estate-and-commercial-licensing%2Fshort-term-rentals&data=05%7C02%7CCCL-LDR%40co.pg.md.us%7C0363b40e9f644e5ded9708dc485d23f6%7C4146bddaddc14d2aa1b21a64cc3c837b%7C0%7C0%7C638464812069447253%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=JjK7M57Sarn6NcGVAbkV9pys4yaZvOC5V5G0JMM5Ph8%3D&reserved=0>

 

Agencies or Individuals to Contact:

1.

2.

3.

 

Comments/Notes:  Bill

 

DRAFTER PLEASE COMPLETE THE FOLLOWING:

 

Proposer(s): CM Watson

 

Background

(Official Legislative Background Information for Agenda Item Summary)

 

 

This bill requires certain application disclosures for certain single-family rental facility or multifamily rental facility housing. It requires that the name and the address of the owner of a corporate body and the name and address of their agent be part of the license application. It further requires that all of the required disclosure information be made available by the Department to the public in a timely manner, upon request.

 

REMINDER: Attach the Legislative file document

 



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