Establishes provisions relating to purpose-built student housing

HB 1564 establishes new rights and lease requirements for renters in purpose-built student housing - housing specifically designed for students attending colleges or universities in this state. It guarantees renters basic living conditions (water, electricity, heat), timely repairs, protection from unreasonable rent hikes during leases, and anti-discrimination safeguards. The bill mandates that leases clearly outline all fees, conflict resolution processes, academic status change options (like transfers or family emergencies), and the specific academic or essential services (e.g., laundry, internet) the landlord must provide. Landlords failing to deliver these services face penalties, and the state must create a standard flyer to inform renters of their rights. This bill directly affects student renters and landlords of such housing properties.