96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB0153


 
Introduced 1/14/2009, by Rep. LaShawn K. Ford
 
SYNOPSIS AS INTRODUCED:
 		













735 ILCS 5/15-1509.5 new










     Amends the Code of Civil Procedure.  Provides that any deed executed pursuant to the Mortgage Foreclosure Article or  judgment vesting title by a consent foreclosure shall state the grantee's or mortgagee's name (and the name of a contact person), street and mailing addresses, and telephone number.  Upon the receipt of a judgment vesting title by a consent foreclosure or deed executed pursuant to the Mortgage Foreclosure Article, the grantee or mortgagee shall post on the property, while the property is vacant, a notice that states the name (and the name of a contact person), street and mailing addresses, and telephone number of the grantee or mortgagee. Effective immediately. 
















LRB096 03484 AJO 13508 b

















FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB0153

LRB096 03484 AJO 13508 b






1
    AN ACT concerning civil law.

 
2
    Be it enacted by the People of the State of Illinois,
 
3
represented in the General Assembly:


 
4
    Section 5. The Code of Civil Procedure is amended  by adding 
5
Section 15-1509.5 as follows:
 
6
    (735 ILCS 5/15-1509.5 new)

7
    Sec. 15-1509.5. Notice at time of  conveyance. Any deed 
8
executed pursuant to this Article or judgment vesting title by 
9
a consent foreclosure pursuant to Section 15-1402    shall state 
10
the grantee's or mortgagee's name (and the name of a contact 
11
person), street and mailing addresses, and telephone number.  
12
Upon the receipt of a judgment vesting title by a consent 
13
foreclosure  or deed executed pursuant to this Article, the 
14
grantee or mortgagee shall post on the property, while the 
15
property is vacant, a notice that states the name (and the name 
16
of a contact person), street and mailing addresses, and 
17
telephone number of the grantee or mortgagee.

 

18
    Section 99. Effective date. This Act takes effect upon 
19
becoming law.