§ 10-12-3 DEFINITIONS.
   For the purpose of this article, the following definitions shall apply unless the context clearly indicates or requires a different meaning:
   DWELLING UNIT. A single unit providing complete independent living facilities for one or more persons, in accordance with occupancy limitations, including permanent provisions for living, sleeping, eating, cooking and sanitation.
   OPERATE. To own, manage, maintain, rent, lease, advertise, or offer for rent or lease any residential rental property or any dwelling unit therein for the purpose of renting to others.
   OWNER. The person or persons, jointly or severally, that hold legal or equitable title to a parcel of property, including a mortgage holder in possession.
   PERSON. An individual, partnership, corporation, business trust, estate, trust, beneficial interest holder, association or any other legal or commercial entity.
   PROPERTY. Any unimproved or improved real property or portion thereof, situated in the village and includes the buildings or structures located on the property regardless of condition.
   PROPERTY AGENT. A person designated in writing to the village as having authority to manage a residential rental property including the authority to receive notices or citations.
   RENT. To provide or offer for possession or occupancy a dwelling unit to a person who is not the legal owner of record thereof, pursuant to an agreement, written, oral or implied, for consideration or pursuant to articles of agreement for deed or similar agreement, if not recorded with the Recorder of Deeds of DuPage County, Illinois.
   RENTAL LICENSE. A license required for any owner of a residential building, structure, dwelling or dwelling unit who rents, leases, or controls any portion of the property, building, or structure to another person, business, corporation, or entity for any fixed period of time.
   RESIDENTIAL RENTAL PROPERTY. A dwelling unit that is rented to persons other than the person(s) holding legal or equitable title to the property. A dwelling unit occupied by a purchaser under the provisions of articles of agreement for deed or similar agreement shall be considered a residential rental property unless the articles of agreement or similar agreement have been recorded with the Recorder of Deeds of Du Page County, Illinois. There shall be a presumption that any dwelling unit that is not occupied by the owner is a residential rental property.
(Ord. 2014-09-46, passed 9-15-2014)