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SPONSOR: |
Rep.
Atkins |
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Reps. Kowalko, Longhurst,
Schwartzkopf; Sen. Bunting |
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HOUSE OF REPRESENTATIVES 145th GENERAL ASSEMBLY |
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HOUSE BILL NO. 107 |
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AN ACT TO AMEND TITLE 25 OF THE |
Section 1. Amend Title 25 of the Delaware Code by adding the following new section 7015B thereto which shall read as follows:
“§ 7015B. Rent – Prohibited Lump Sum Payments.
(a) Rental payments shall be paid by the tenant to the owner/landlord in equal dollar amounts, or as close thereto as possible, and shall be extended equally, pro rata, over a calendar year. Any provision in a rental agreement or otherwise which requires rental payments or rental increases to be paid in one lump sum shall be null and void. Nothing herein shall preclude a tenant from requesting, and the owner/landlord from agreeing thereto, that rental payment be made in a one-time lump sum payment by the tenant.”.
SYNOPSIS
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This Act requires that any rental payments or rental increases shall be paid in equal, pro rata, amounts extended equally over a calendar year. Any requirement of a lump sum payment for rent shall be forbidden, unless the tenant requests such payment, and the owner/landlord agrees to such lump sum payment. |