Loading chat...
IL SB1097
Bill
AI Summary
-
Park owners must disclose rent charged over the past 5 years, fees, late payment terms, taxes, security deposit information, and a 3-year rent increase projection with every lease or sale.
-
If a rent increase formula is used, park owners must disclose the total fixed amount and any "not to exceed" amount in the projection.
-
Park owners must provide contact information for the legal entity owning the park or the property manager/designated agent with every lease and within 20 days of a change in ownership.
-
Tenants must be notified in writing that their right to trial by jury shall not be waived.
-
Park owners cannot charge pet fees to residents who own their homes unless the park offers a pet-related service that the resident accepts; tenants renting homes owned by the park may be subject to pet fees as agreed in the lease.
Legislative Description
REGULATION-TECH
Last Action
Public Act . . . . . . . . . 102-0737
5/6/2022