IL HB3307

Amends the Mortgage Foreclosure Law to require receivers of mortgaged residential real estate to use reasonable efforts to make repairs and improvements necessary to comply with building, housing, and other codes for safety, accessibility, and habitability

Establishes the Residential Real Estate Ombudsperson Program to protect tenants' rights during foreclosure receiverships; mandatory for courts in counties with 50,000 or more residents, optional for smaller counties

Grants ombudspersons authority to investigate complaints against receivers, enter properties with reasonable notice, communicate privately with consenting tenants, and submit reports and recommendations to the court—including requests to discharge and replace receivers for good cause

Requires receivers to notify tenants of ombudsperson contact information within 60 days of appointment by posting written notices on unit doors and in common areas

Effective January 1, 2026