(35 ILCS 516/425)
Sec. 425.
Order of court setting aside tax certificate of title; payments
to holder
of certificate of title.
(a) Any order of court vacating an order directing the Secretary of State to
issue a tax certificate of title based upon a finding that the mobile home was
not subject to
taxation, or that the taxes had
been paid prior to the sale of the mobile home, or that the tax sale was otherwise
void, shall declare the tax sale to be a sale in error pursuant to Section
255 of this Act. The order shall direct the county
collector to refund to the tax certificate of title grantee or his or her successors and
assigns (or, if a tax certificate of title has not yet issued, the holder of the certificate of
purchase) the following amounts:
(1) all taxes purchased, paid, or redeemed by the tax |
| purchaser or his or her assignee, or by the tax certificate of title grantee or his or her successors and assigns, whether before or after entry of the order for tax certificate of title, with interest at the rate of 1% per month from the date each amount was paid until the date of payment pursuant to this Section;
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(2) all costs paid and posted to the judgment record
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| and not included in paragraph (1) of this subsection (a); and
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(3) court reporter fees for the hearing on the
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| application for tax certificate of title and transcript thereof, cost of certification of tax certificate of title order, cost of issuance of tax certificate of title, and cost of transferring certificate of title to the tax purchaser.
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(b) Except in those cases described in subsection (a) of this Section, and
unless the court on motion of the tax certificate of title petitioner extends the redemption
period to a date not later than 3 years from the date of sale, any order of
court finding that an order directing the Secretary of State to issue a tax
certificate of title
should be vacated shall direct the party who successfully contested the entry
of the order to pay to the tax certificate of title grantee or his or her successors and
assigns
(or, if a tax certificate of title has not yet issued, the holder of the certificate)
within 90 days after the date of the finding:
(1) the amount necessary to redeem the mobile home
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| from the sale as of the last day of the period of redemption, except that, if the sale is a scavenger sale pursuant to Section 200 of this Act, the redemption amount shall not include an amount equal to all delinquent taxes on such mobile home which taxes were delinquent at the time of sale; and
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(2) amounts in satisfaction of municipal liens paid
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| by the tax purchaser or his or her assignee, and the amounts specified in paragraphs (1) and (3) of subsection (a) of this Section, to the extent the amounts are not included in paragraph (1) of this subsection (b).
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If the payment is not made within the 90-day period, the petition to vacate
the order directing the Secretary of State to issue a tax certificate of title
shall be denied
with
prejudice, and the order directing the Secretary of State to issue a tax
certificate of title
shall
remain in full force and effect. No final order vacating any order directing
the Secretary of State to issue a tax certificate of title shall be entered pursuant to this
subsection (b) until the payment has been made.
(Source: P.A. 92-807, eff. 1-1-03 .)
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