Illinois General Assembly - Bill Status for HB5731
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 Bill Status of HB5731  97th General Assembly

Short Description:  CIV PRO-FORECLOSE-RENTAL RIGHT

House Sponsors
Rep. Monique D. Davis

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
735 ILCS 5/15-1202.5
735 ILCS 5/15-1701from Ch. 110, par. 15-1701
735 ILCS 5/15-1707 new


Synopsis As Introduced
Amends the Code of Civil Procedure. Provides that a mortgagor has a right to remain in the mortgaged premises as a renter following foreclosure proceedings by paying rent to the mortgagee in possession or the purchaser at the judicial sale. Defines terms. Provides for a mortgagee's notice to the mortgagor of the right to remain in the mortgaged premises as a tenant, terms of tenancy, mortgagor's responsibilities while renting the foreclosed property, rental rate set by the court, responsibility for maintenance of the foreclosed property, and other matters. Effective June 1, 2012.

Actions 
DateChamber Action
  2/16/2012HouseFiled with the Clerk by Rep. Monique D. Davis
  2/16/2012HouseFirst Reading
  2/16/2012HouseReferred to Rules Committee
  2/21/2012HouseAssigned to Judiciary I - Civil Law Committee
  2/29/2012HouseMotion Do Pass - Lost Judiciary I - Civil Law Committee; 001-009-001
  2/29/2012HouseRemains in Judiciary I - Civil Law Committee
  3/9/2012HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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