Illinois HB3828 requires park owners to notify manufactured home owners of rent or fee increases over 3% or the Consumer Price Index, whichever is.
Illinois HB3828 amends the Mobile Home Landlord and Tenant Rights Act by adding a provision that mandates park owners to notify manufactured home owners of any rent or fee increase exceeding 3% above the current rent or the Consumer Price Index, whichever is greater. If the increase surpasses the Consumer Price Index rate, the park owner must provide a written justification and documentation to all residents, detailing the costs and work that justifies the increase.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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