document updated 12 years ago, on Nov 25, 2012
Possible places to find out if a foreclosure might be imminent: (confirmed by http://www.chicagoreporter.com/index.php/c/Sidebars/d/Tips_For_Renters_Caught_Up_In_Foreclosure)
Clerk of the Circuit Court
Cook County Recorder of Deeds
By law
- M.C.C. 5-12-095
- the landlord must notify tenants within 7 days of being served a foreclosure complaint
- this is enforcable by the fact that 1) the tenant can terminate the contract at that point, and 2) the tenant can sue the landlord for $200 (yeah right, like it would be recoverable in any way)
- TODO: notify ALL tenants of this fact — if he faced the possibility of having 4x the fees, would he think twice then?
- probably not