Public Act 98-996

Topic: 
Forcible entry and detainers and condos
(Welch, D-Westchester; Steans, D-Chicago) allows the board of managers to lease a unit to a bona fide tenant for a term that may commence at any time within eight months after the month in which the date of expiration of the stay of judgment occurs but may not exceed 13 months from the date of commencement of the lease. It 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. The court may permit or extend a lease for one or more additional terms not to exceed 13 months per term on motion of the board of managers and with notice to the dispossessed unit owner. Effective January 1, 2015.

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