Sen. Steve Stadelman

Filed: 3/15/2019

 

 


 

 


 
10100SB2097sam001LRB101 10588 HLH 57728 a

1
AMENDMENT TO SENATE BILL 2097

2    AMENDMENT NO. ______. Amend Senate Bill 2097 by replacing
3everything from line 21 on page 12 through line 11 on page 13
4with the following:
5"from the date of sale. If, however, the court that ordered the
6property sold, upon the verified petition of the holder of the
7certificate of purchase brought within 4 months from the date
8of sale, finds and declares that the structure on the property
9is abandoned, then the court may order that the property may be
10redeemed at any time on or before (i) the expiration of 2 years
11from the date of sale if the holder of the certificate of
12purchase is not a unit of local government or (ii) the
13expiration of 6 months from the date of sale if the holder of
14the certificate of purchase is a unit of local government.
15Notice of the hearing on a petition to declare the property
16abandoned shall be given to the owner or owners".