Illinois Compiled Statutes
ILCS Listing
Public
Acts Search
Guide
Disclaimer
Information maintained by the Legislative
Reference Bureau
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process.
Recent laws may not yet be included in the ILCS database, but they are found on this site as Public
Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the
Guide.
Because the statute database is maintained primarily for legislative drafting purposes,
statutory changes are sometimes included in the statute database before they take effect.
If the source note at the end of a Section of the statutes includes a Public Act that has
not yet taken effect, the version of the law that is currently in effect may have already
been removed from the database and you should refer to that Public Act to see the changes
made to the current law.
35 ILCS 200/22-95
(35 ILCS 200/22-95)
Sec. 22-95. Order of court setting aside certificate of purchase;
payments. Any judgment or order of the circuit court, setting aside the lien
under the certificate of purchase filed in accordance with Section 22-90 shall
provide that the claimant pay to the city, village or incorporated town, or its
assignee holding the certificate of purchase, the following:
(a) the amount for which the same was sold, together | | with the amount of the penalty bid at the tax sale, if set aside before the expiration of 6 months from the day of sale;
|
|
(b) if between 6 and 12 months, the amount for which
| | the same was sold together with twice the amount of the penalty bid;
|
|
(c) if between 12 and 18 months, the amount for which
| | the same was sold together with 3 times the amount of the penalty bid;
|
|
(d) if between 18 months and 2 years, the amount for
| | which the same was sold together with 4 times the amount of the penalty bid at the sale;
|
|
(e) if after 2 years, the amount for which the same
| | was sold together with 4 times the amount of the penalty bid at the sale, and interest thereafter at the rate of 5% per year on the amount for which the same was sold.
|
|
In all cases, the claimant shall also pay costs of $10 in counties of
3,000,000 or more inhabitants and $5 in counties with less than 3,000,000
inhabitants.
A final judgment or order of the circuit court in any case or in an eminent
domain proceeding under the Eminent Domain Act involving
the title to or interest in any property in which the city, village or
incorporated town, or its assignee holding a certificate of purchase, has an
interest, or setting aside any lien under the certificate filed under this Code
shall not be entered, until the claimant makes reimbursement to the city,
village or incorporated town or its assignee holding the certificate of
purchase. The county clerk is entitled to a fee of $5 in counties with
3,000,000 or more inhabitants and $2 in counties with less than 3,000,000
inhabitants for preparing the estimate of the amount required to redeem. The
estimate of the county clerk is prima facie evidence in all courts of the
amount due to such city, village or incorporated town or its assignee.
(Source: P.A. 94-1055, eff. 1-1-07.)
|
|
