Bill Title: Amends the Forcible Entry and Detainer Article of the Code of Civil Procedure. Provides that, after the entry of a judgment in favor of a condominium board of managers for possession of a unit under specified provisions, the board of managers may lease the unit to a bona fide tenant for a term which may commence at any time within 8 months after the month in which the date of expiration of the stay of judgment occurs, and may not exceed 13 months from the date of commencement of the lease. Removes language providing that the term of the lease is not to exceed 13 months from the expiration of the stay of judgment unless extended by order of the court. Provides that, upon motion of the board of managers and with notice to the dispossessed unit owner, the court may permit or extend a lease for one or more additional terms not to exceed 13 months per term.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Passed) 2014-08-18 - Public Act . . . . . . . . . 98-0996 [HB4782 Detail]

Text: Latest bill text (Chaptered) [HTML]

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