Bill Texts: IL SB2489 | 2019-2020 | 101st General Assembly
Bill Title: Amends the Eviction Article of the Code of Civil Procedure. Deletes language that precludes an eviction action in the case of a vendee obtaining possession under a written or verbal agreement to purchase lands or tenements, failing to comply with the agreement, and withholding possession thereof, where the purchase price is to be paid in installments over a period in excess of 5 years and the amount unpaid under the terms of the contract at the time of the filing of a foreclosure complaint is less than 80% of the original purchase price, shall be foreclosed. Provides instead that an eviction action may be brought if the residential real estate is not subject to an installment contract or a specified provision under the Illinois Mortgage Foreclosure Law relating to real estate installment contracts. Effective immediately.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2021-01-13 - Session Sine Die [SB2489 Detail]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2021-01-13 - Session Sine Die [SB2489 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
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Introduced | 2020-01-22 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
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Senate Amendment 002 | 2020-03-04 | Proposed | HTML/Text | Link | View |
Senate Amendment 001 | 2020-02-26 | Proposed | HTML/Text | Link | View |
Supplemental Documents
Title | Description | Date | Format | Source | View |
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No supplemental documents for Illinois SB2489 currently on file. |