Legal Question in Landlord & Tenant Law in Illinois

Thank you Lela Davis and Stephen Messutta for your prompt answers. I have a follow up question to:

"Landlord officially lost property to foreclosure 5/8/13 (property became bank owned). Property finally sold to investor 7/5/13. Investor wants us to move. We had a month to month lease here in Dupage County, IL; what are our options from here?" The follow up question is: Is there a required time limit as to when we have to be gone? I heard about a new law passed back in 2009, which has been extended to 2014 concerning tenant rights in foreclosure situations; something about a "90 day rule". Is this true or am I simply at the mercy of the new owner who bought the place last week and wants us gone by month's end?

Asked on 7/09/13, 10:11 am

1 Answer from Attorneys

0 users found helpful
0 attorneys agreed

Real simple: the "90 day rule" allows a person who buys a home out of foreclosure to evict a tenant even if the current term has expired, if the person intends to move into the home as a primary residence. However you are month-to-month and it doesn't apply.

Read more
Answered on 7/10/13, 12:16 pm

Related Questions & Answers

More Landlord & Tenants questions and answers in Illinois

Looking for something else?

Get Free Legal Advice

88433 active attorneys ready to answer your legal questions today.

Landlord & Tenants Legal Forms

Browse and download our attorney-prepared and up-to-date legal forms from $4.99

Find a Legal Form

Featured Attorneys

Timothy McCormickLibris Solutions - Dispute Resolution ServicesSan Francisco, CA
Anthony SmithLawSmithLee's Summit, MO
Scott RiddleLaw Office of Scott B. Riddle, LLCAtlanta, GA
Find An Attorney

Are you an Attorney?

Earn additional revenue and grow your business. Join LawGuru Now