(a)(1)  A landlord who conveys premises that include a dwelling unit subject to a rental agreement in a good faith sale to a bona fide purchaser is relieved of liability under the rental agreement and this chapter as to events occurring after written notice to the tenant of the conveyance. In no event may the relief from liability predate the conveyance itself.

(2)  Written notice, for purposes of this section, must include the name(s), address, and telephone number of the person or persons purchasing the property and assuming liability. To be effective, the written notice must also certify compliance with § 45-24.3-17 that prohibits sale or lease of property until any outstanding housing code violations have been corrected or the seller or lessor has provided to the buyer or lessee, as well as to the enforcing officer, all notices regarding violations as required by the statute.

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(b)  A manager of premises that include a dwelling unit is relieved of liability under the rental agreement and this chapter as to events occurring after written notice to the tenant of the termination of his or her management. The written notice must include the name(s), address, and telephone number of the person or persons assuming management and/or the person or persons within the state exercising ownership or responsibility over the property.

(c)  Nothing in this section shall be construed to affect the tenant’s rights and duties under an existing rental agreement, and the purchaser of property or any immediate successor in interest to a mortgagor, other than a third-party, bona fide purchaser, of a premises containing four (4) or fewer dwelling units takes title subject to the same rights and responsibilities toward the tenant that the seller or mortgagor had.