Illinois SB3476 amends the Landlord and Tenant Act to define "rent" as any consideration for property use, possession, or occupancy.
Illinois SB3476 amends the Landlord and Tenant Act by adding a new section that defines "rent" as any money or other consideration given for the right to use, possess, or occupy property. This clarification aims to ensure consistent interpretation and application of the term "rent" in landlord-tenant relationships.
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