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S. 571 116th Congress Senate

Residential Rent to Own Protection Act

Official title: A bill to provide the Bureau of Consumer Financial Protection with the authority to regulate land contracts, and for other purposes.

Introduced: February 26, 2019 Introduced by: Jeff Merkley Democratic · Oregon See on congress.gov
Finance and Financial Sector Civil actions and liabilityCongressional oversightConsumer creditContracts and agency
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Government studies and investigationsHousing finance and home ownershipHousing industry and standardsReal estate business
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 26, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 26, 2019
Introduced in Senate
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 Latest action February 26, 2019

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Residential Rent to Own Protection Act

This bill establishes requirements regarding residential rent-to-own agreements. The bill

  • requires residential property subject to rent-to-own agreements to comply with applicable state and local habitability laws,
  • prohibits eviction of a purchaser of such an agreement except if ordered in a judicial proceeding,
  • requires public documentation of these agreements, and
  • establishes civil penalties for violations.

The Consumer Financial Protection Bureau must promulgate regulations under this bill.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Smith, Tina
Minnesota · Feb 26, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 571: Residential Rent to Own Protection Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-571/
MLA
"S. 571: Residential Rent to Own Protection Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-571/.
Bluebook (legal)
S. 571, 116th Cong. (2026), https://openamerica.io/bill/116-S-571/.
Markdown link
[S. 571: Residential Rent to Own Protection Act](https://openamerica.io/bill/116-S-571/)
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