SB 120 revises various protections afforded tenants under existing
law (such as laws requiring return of security deposits and prohibitions against
cutting off utilities or locking residents out) to require that
mortgage lenders and banks honor these protections after a
foreclosure sale on the property. The bill also extends state laws
governing utility shutoffs to protect tenants in single family homes.
This bill is virtually identical to AB 2586 (Torrico, D-Fremont) which Gov. Schwarzenegger vetoed in 2008. Author: Senator Alan Lowenthal (D-Long Beach)
Sponsor: Western Center on Law and Poverty
Click here and enter "SB 120" for status and bill text.