Current through the 2024 Legislative Session
Section 521-45 - Limitation of landlord and management liability(a) Unless otherwise agreed, a landlord who conveys premises which include a dwelling unit subject to a rental agreement in a good faith sale to a person not connected with the landlord discloses, in writing, in any form of contract for the sale of such premises is relieved of liability under the rental agreement and under this chapter as to events occurring subsequent to the conveyance.(b) The new owner who purchases the premises referred to in subsection (a) is liable under the rental agreement and under this chapter.(c) Unless otherwise agreed, a person who is a manager of premises which include a dwelling unit subject to a rental agreement is relieved of liability under the rental agreement and under this chapter as to events occurring subsequent to the termination of the person's management.L 1972, c 132, pt of §1; am L 1976, c 90, §3; gen ch 1985