This chapter shall not apply to: (a) an owner of a foreclosed rental property who was the owner prior to the effective date of this chapter;
(b) any bona fide third-party purchaser;
(c) a person appointed as a receiver and issued, or assigned, a Receiver's Certificate under 65 ILCS 5/11-31-2 or 765 ILCS 605/14.5 who becomes an owner due to the foreclosure on the Receiver's Certificate;
(d) an owner who will occupy the rental unit as the person's principal residence;
(e) a bona fide not-for-profit in existence continuously for a period of five years immediately prior to becoming the owner of the rental unit and whose purpose is provide financing for the purchase or rehabilitation of affordable housing.
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