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The Association…Cashing In On Rent (IL)

/ Owner - February 6, 2017

When filing a forcible entry and detainer action, our offices will inquire with the Association whether or not there is a tenant residing in the unit. The purpose of this is to establish if the tenant is a paying renter so that the Association can ultimately collect the rental income to be applied to the money judgment it recovers once the lawsuit is adjudicated. This proposition is supported by the Forcible Entry and Detainer Act, and benefits the Association by providing it with the remedy of recovering monies to be applied to the outstanding debt of the unit owner. Under 735 ILCS 5/9-104.2 (c) of the Forcible Entry and Detainer Act, the relevant provision states, in part, as follows:    Read the article………….

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