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| | 10000HB0471ham003 | - 2 - | LRB100 06006 KTG 25416 a |
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1 | | 13 years or upwards who is residing on or in possession of the |
2 | | premises; or (3) sending a copy of the notice to the tenant or |
3 | | other known lawful occupant by first-class mail. |
4 | | (b) After being served a foreclosure complaint under |
5 | | Section 15-1504, a mortgagor of residential real estate must |
6 | | provide all prospective tenants with a written notice that the |
7 | | property is subject to a foreclosure action. A copy of the |
8 | | notice may be contained in the lease agreement or as an |
9 | | additional and separate disclosure document, and it shall be |
10 | | delivered to the prospective tenant or sent to the prospective |
11 | | tenant by first-class mail. |
12 | | (c) The notice to current or prospective tenants and other |
13 | | known lawful occupants may be in substantially the following |
14 | | form: |
15 | | NOTICE OF FORECLOSURE TO ANY TENANT OR OTHER LAWFUL OCCUPANT |
16 | | A LAWSUIT HAS BEEN FILED TO FORECLOSE ON THIS PROPERTY. AS |
17 | | TENANTS OR LAWFUL OCCUPANTS, YOU HAVE THE RIGHT TO LIVE IN THE |
18 | | HOME OR DWELLING UNIT IN ACCORDANCE WITH YOUR LEASE AGREEMENT |
19 | | OR OCCUPANCY ARRANGEMENT UNTIL A JUDGE ENTERS AN ORDER FOR |
20 | | POSSESSION. THIS IS NOT A NOTICE TO VACATE THE PREMISES. YOU |
21 | | MAY WISH TO CONTACT A LAWYER OR YOUR LOCAL LEGAL AID OR HOUSING |
22 | | COUNSELING AGENCY TO DISCUSS ANY RIGHTS THAT YOU MAY HAVE. ".
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