Rep. La Shawn K. Ford

Filed: 2/6/2017

 

 


 

 


 
10000HB0471ham001LRB100 06006 HEP 20839 a

1
AMENDMENT TO HOUSE BILL 471

2    AMENDMENT NO. ______. Amend House Bill 471 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Landlord and Tenant Act is amended by
5adding Section 17 as follows:
 
6    (765 ILCS 705/17 new)
7    Sec. 17. Rental of property subject to foreclosure
8proceedings.
9    (a) If a landlord enters into a lease with a tenant after
10receiving notice that a foreclosure proceeding has been
11initiated against the property, and the tenant later is
12required to vacate the premises as a result of the foreclosure
13action, the tenant may recover all of the rent payable from the
14time the lease is entered into until the tenant vacates the
15premises.
16    (b) A landlord who receives notice that a foreclosure

 

 

10000HB0471ham001- 2 -LRB100 06006 HEP 20839 a

1proceeding has been initiated against the property shall
2provide notice of the foreclosure action to the tenant.".