CIV PRO-FORECLOSE-RENTAL RIGHT House SponsorsRep. Monique D. Davis 1/8/2013HouseSession Sine Die 735 ILCS 5/15-1202.5735 ILCS 5/15-1701from Ch. 110, par. 15-1701735 ILCS 5/15-1707 new Amends the Code of Civil Procedure. Provides that a mortgagor has a right to remain in the mortgaged premises as a renter following foreclosure proceedings by paying rent to the mortgagee in possession or the purchaser at the judicial sale. Defines terms. Provides for a mortgagee's notice to the mortgagor of the right to remain in the mortgaged premises as a tenant, terms of tenancy, mortgagor's responsibilities while renting the foreclosed property, rental rate set by the court, responsibility for maintenance of the foreclosed property, and other matters. Effective June 1, 2012. 2/16/2012HouseFiled with the Clerk by Rep. Monique D. Davis 2/16/2012HouseFirst Reading 2/16/2012HouseReferred to Rules Committee 2/21/2012HouseAssigned to Judiciary I - Civil Law Committee 2/29/2012HouseMotion Do Pass - Lost Judiciary I - Civil Law Committee; 001-009-001 2/29/2012HouseRemains in Judiciary I - Civil Law Committee 3/9/2012HouseRule 19(a) / Re-referred to Rules Committee 1/8/2013HouseSession Sine Die