Good Afternoon: Attached to this email is a proposed legislative initiative from Real Property Finance & Lending Committee, which would repeal Fla. Stat. 83.561. That statute provides for the termination of residential tenancies after a foreclosure judgment. The reason for seeking to repeal is that the Protecting Tenants at Foreclosure Act ("the Act") was reinstated this year and appears to preempt FS 83.561. See U.S. Public Law 115-174, attached. There are multiple conflicts between the state statute and the federal statute, which are creating havoc for foreclosure practitioners and foreclosure investors. Please review and comment. If there is time, this proposal will be discussed at the Real Estate Leasing Committee Meeting. At a minimum, we would like to start a preliminary discussion of the issues on the listserv. It will probably be a discussion item and/or action item on your agendas for the upcoming meeting. The questions posed by that committee are whether our committee agrees (1) that the federal act preempts the state act, and (2) that repeal is the appropriate legislative response by the Florida Legislature. Chris Christopher A. Sajdera, Esquire Board Certified Attorney, Condominium and Planned Development Law Sajdera Kim, PLLC 2200 NW Corporate Boulevard Suite 210 Boca Raton, Florida 33431 Phone: 561-948-0650 Direct: 561-910-3082 Facsimile: 561-431-0167 Email: cas@sk-attorneys.com<mailto:cas@sk-attorneys.com> Secondary Email: cas@sajderakimlaw.com<mailto:cas@sajderakimlaw.com> This e-mail, and any attachments thereto, are intended only for use by the addressee(s) named herein and may contain legally privileged and/or confidential information. If you are not the intended recipient of this e-mail, you are hereby notified that any dissemination, distribution or copying of this e-mail and any attachments thereto, is strictly prohibited and you must delete it without reading it.