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| | HB0471 Engrossed | | LRB100 06006 HEP 16036 b |
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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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