State of Illinois
90th General Assembly

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      765 ILCS 205/5            from Ch. 109, par. 5
          Amends  the  Plat  Act.   Removes  offers  of  sale  from
      provisions concerning the penalty for selling  a  lot  before
      compliance  with  the requirements of the Act.  Provides that
      these  provisions  do  not  prohibit  an  offer  of  sale  or
      acceptance of  deposit  by  a  seller  prior  to  compliance,
      provided  that compliance must occur before conveyance of any
      deed.  Effective immediately.
SB385 Enrolled                                 LRB9003082NTsb
 1        AN ACT to amend the Plat Act by changing Section 5.
 2        Be it enacted by the People of  the  State  of  Illinois,
 3    represented in the General Assembly:
 4        Section 5.  The Plat Act is amended by changing Section 5
 5    as follows:
 6        (765 ILCS 205/5) (from Ch. 109, par. 5)
 7        Sec.  5.  Whoever  sells or offers for sale or leases for
 8    any time exceeding five years, any lot or block in or outside
 9    of any town, city or village before all the  requirements  of
10    this  Act have been complied with, shall be guilty of a petty
11    offense and fined $25 for each lot or block or  part  thereof
12    so  disposed  of, offered for sale or leased. Nothing in this
13    Section shall prohibit an offer  of  sale  or  acceptance  of
14    deposit  by  a seller before compliance with the requirements
15    of  this  Act,  provided  that   compliance   occurs   before
16    conveyance of any deed to the property.
17    (Source: P.A. 77-2561.)
18        Section  99.  Effective date.  This Act takes effect upon
19    becoming law.

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