Bill Text: IL HB0471 | 2017-2018 | 100th General Assembly | Engrossed
Bill Title: Amends the Landlord and Tenant Act. Provides that if a landlord enters into a lease with a tenant after receiving notice that a foreclosure proceeding has been initiated against the property, and the tenant later is required to vacate the premises as a result of the foreclosure action, the tenant may recover all of the rent payable from the time the lease is entered into until the tenant vacates the premises.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Failed) 2019-01-08 - Session Sine Die [HB0471 Detail]
Download: Illinois-2017-HB0471-Engrossed.html
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| 1 | AN ACT concerning civil law.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Landlord and Tenant Act is amended by adding | ||||||
| 5 | Section 17 as follows:
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| 6 | (765 ILCS 705/17 new) | ||||||
| 7 | Sec. 17. Rental of property subject to foreclosure | ||||||
| 8 | proceedings. | ||||||
| 9 | (a) If a landlord enters into a lease with a tenant after | ||||||
| 10 | receiving notice that a foreclosure proceeding has been | ||||||
| 11 | initiated against the property, and the tenant later is | ||||||
| 12 | required to vacate the premises as a result of the foreclosure | ||||||
| 13 | action, the tenant may recover all of the rent payable from the | ||||||
| 14 | time the lease is entered into until the tenant vacates the | ||||||
| 15 | premises. | ||||||
| 16 | (b) A landlord who receives notice that a foreclosure | ||||||
| 17 | proceeding has been initiated against the property shall | ||||||
| 18 | provide notice of the foreclosure action to the tenant.
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