Amends the Landlord Tenant Act. Provides for a "pet fee" or "pet deposit" (any nonrecurring, refundable fee or charge paid at the beginning of a tenancy to allow a pet to remain at the property for the duration of the tenancy) and "pet rent" (any recurring, non-refundable fee or charge paid to allow a pet to remain at the property for the duration of the tenancy). Provides that a landlord may charge a tenant either a pet fee or pet rent, but not both. Provides that pet rent may not exceed 1% of the tenant's monthly rent or $35, whichever is less. Provides that a pet fee or a pet deposit is refundable and may not exceed 15% of the tenant's monthly rent or $350, whichever is less. Amends the Consumer Fraud and Deceptive Business Practices Act to provide that a landlord who violates these new provisions violates the Consumer Fraud and Deceptive Practices Act. Applies to leases or agreements executed after the effective date of the amendatory Act.

Statutes affected:
Introduced: 765 ILCS 705/35, 815 ILCS 505/2