Sec. 13-25. - Notice to bona fide tenants.
Effective upon passage of this article, no bona fide tenant legally occupying a rental
residential property within the city shall be forced to vacate that property in the
event of a mortgage foreclosure action upon that property unless and until the following
series of actions are taken:
(1)
Where any dwelling unit of a foreclosed mortgaged estate is occupied by a bona fide
tenant, and where the foreclosed mortgagor had provided essential services including,
without limitation, heat, running water, hot water, electric, sewer or gas to such
tenant, any successor in interest to the foreclosed mortgagor shall continue to provide
the same essential services under the same terms and conditions to the tenant.
(2)
A successor in interest to a mortgagor shall provide notice to each bona fide tenant,
as defined in section 13-24, by mailing an envelope addressed to "Resident of property previously subject to
foreclosure sale" and by posting, in the same manner required for posting the notice
of sale on the property to be sold, a written notice in both English and Spanish stating
the name and address of the successor in interest, and/or managing agent so that the
tenant may know to whom the ongoing rental payments should be made.
(3)