Comments: IL HB5502 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Conveyances Act. Provides that a person or entity that purchases existing residential real estate with the purpose of renovation and resale is prohibited from reselling the real estate within 6 months of purchase.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Engrossed) 2024-04-24 - Assigned to Judiciary [HB5502 Detail]

Text: Latest bill text (Engrossed) [HTML]

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