Bill Text: IL HB3062 | 2011-2012 | 97th General Assembly | Introduced
Bill Title: Amends the Landlord and Tenant Act. Provides that a landlord shall make a good faith effort to timely disclose by written notice given to each residential or commercial tenant following, or in anticipation of, a significant change concerning the property at which the leased premises is located by stating that the property: is the subject of a foreclosure action, the control of the property has changed or will change, and that the tenant may terminate, without penalty, the lease upon 90 days' written notice; is for sale or has been sold; or that the premises are or will be under different management. Provides that, if the property where the leased premises is located is in foreclosure, a tenant may terminate, without penalty, the lease upon 90 days' written notice to the landlord. Provides that a landlord shall make a good faith effort to disclose in a timely manner to each prospective residential or commercial tenant who is considering leasing premises that the property at which the premises is located: is the subject of a foreclosure action; is for sale or has been sold; or will be under different management.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2013-01-08 - Session Sine Die [HB3062 Detail]
Download: Illinois-2011-HB3062-Introduced.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 9 as follows:
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6 | (765 ILCS 705/9 new) | |||||||||||||||||||
7 | Sec. 9. Notice to tenant and prospective tenant. | |||||||||||||||||||
8 | (a) A landlord shall make a good faith effort to disclose | |||||||||||||||||||
9 | by written notice given in a timely manner to each residential | |||||||||||||||||||
10 | or commercial tenant following, or in anticipation of, a | |||||||||||||||||||
11 | significant change concerning the premises, as described in | |||||||||||||||||||
12 | paragraph (1), (2), or (3), that the real estate at which the | |||||||||||||||||||
13 | leased premises is located: | |||||||||||||||||||
14 | (1) is the subject of a foreclosure action (including | |||||||||||||||||||
15 | the name of the case, the case number, and the court where | |||||||||||||||||||
16 | the foreclosure action is pending); whether the control of | |||||||||||||||||||
17 | the real estate in foreclosure has or will change; and that | |||||||||||||||||||
18 | the tenant, upon notice to the landlord, may terminate the | |||||||||||||||||||
19 | lease, without penalty, after giving the landlord 90 days' | |||||||||||||||||||
20 | written notice of the termination under this Section; | |||||||||||||||||||
21 | (2) will be offered for sale or that the property has | |||||||||||||||||||
22 | been sold; or | |||||||||||||||||||
23 | (3) will be under different management or that the |
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1 | property now has different management. | ||||||
2 | (b) If the real estate at which the leased premises is | ||||||
3 | located is the subject of a foreclosure action, the tenant may | ||||||
4 | terminate the lease, without penalty, by giving 90 days' | ||||||
5 | written notice of the termination. | ||||||
6 | (c) A landlord shall make a good faith effort to disclose | ||||||
7 | in a timely manner to each prospective residential or | ||||||
8 | commercial tenant who is considering leasing premises from the | ||||||
9 | landlord that the real estate at which the premises is located | ||||||
10 | has been or will be significantly affected by any of the | ||||||
11 | following: | ||||||
12 | (1) the property is the subject of a foreclosure action | ||||||
13 | (including the name of the case, the case number, and the | ||||||
14 | court where the foreclosure action is pending); | ||||||
15 | (2) the control of the real estate will change; | ||||||
16 | (3) the property will be offered for sale or the | ||||||
17 | property has been sold; or | ||||||
18 | (4) the property will be under different management.
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