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Public Act 099-0075 |
HB3672 Enrolled | LRB099 11124 AWJ 31568 b |
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AN ACT concerning local government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Counties Code is amended by adding Section |
3-5010.10 as follows: |
(55 ILCS 5/3-5010.10 new) |
Sec. 3-5010.10. Property fraud alert system; registration |
by property owners and real estate professionals. |
(a) As used in this Section: |
"Property fraud alert system" means any electronic or |
automated alert system run by a county or by a third-party |
vendor, by whatever name, that informs a property owner by |
e-mail, telephone, or mail when a document is recorded with the |
county recorder that relates to a registered property. |
"Real estate professional" means a licensed real estate |
agent, attorney, closing agent, or agent of a title insurance |
company. |
(b) In a county that has a property fraud alert system, a |
recorder may create a registration form for a real estate |
professional to file with the recorder on behalf of a property |
owner to register the property owner in the county's property |
fraud alert system. The registration form must contain the |
following minimum information: |
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(1) A notice on the top of the form that property |
owners are not required to register with the county's |
property fraud alert system. |
(2) A description of the county's property fraud alert |
system; the name of the third-party vendor, if any, who |
operates the property fraud alert system; and the cost, if |
any, to the property owner of the property fraud alert |
system; |
(3) A portion to be completed by a property owner and |
real estate professional containing: |
(i) the property owner's name and mailing address; |
(ii) the Property Index Number (PIN) or unique |
parcel identification code of the property for which an |
alert will be created; |
(iii) the e-mail, telephone number, or mailing |
address the property owner would like to receive the |
alert; |
(iv) any information a third-party vendor who |
operates a county's property fraud alert system |
requires to register a property owner; |
(v) if required, payment method and billing |
information; |
(vi) a clear and conspicuous notice, immediately |
before the signatures, stating that the property owner |
understands that neither the recorder, nor a |
third-party vendor operating a county's property fraud |
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alert system, nor a real estate professional, nor any |
employees thereof shall be liable to the property owner |
should the property fraud alert system fail to alert |
the property owner of any document being recorded and |
that it is the property owner's responsibility to |
verify the information he or she has provided is |
correct and that he or she is registered with the |
property fraud alert system; |
(vii) a place for the property owner's signature; |
(viii) a place for the real estate professional's |
signature, if applicable, along with a statement |
indicating that the real estate professional is |
registered with the recorder and is allowed to file the |
registration form with the recorder; and |
(ix) a place to list up to 3 other persons to |
receive a property fraud alert, including each |
person's e-mail, telephone number, or address where he |
or she will receive the alert. |
(c) A property owner or real estate professional may file a |
completed and signed registration form with the recorder. When |
a recorder receives such a completed and signed registration |
form, the recorder shall complete the registration process for |
the property owner listed on the registration form by entering |
the information from the registration form into the property |
fraud alert system. |
(d) A real estate professional that wishes to file |
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registration forms with the recorder on behalf of property |
owners must first register with the recorder by verifying they |
are a licensed real estate agent, attorney, closing agent, or |
agent of a title insurance company. The recorder shall keep a |
list of all registered real estate professionals. |
(e) No county, recorder, third-party vendor operating a |
county's property fraud alert system, real estate |
professional, or any employees thereof shall be subject to |
liability, except for willful and wanton misconduct, for any |
error or omission in registering a property owner pursuant to |
this Section or for any damages caused by the failure of the |
property owner to be alerted of any document that was recorded |
that relates to a property registered under the owner's name. |
(f) A home rule unit shall not use or create a registration |
form for use by a real estate professional to register a |
property owner on the county's property fraud alert system that |
conflicts with this Section. This Section is a limitation under |
subsection (i) of Section 6 of Article VII of the Illinois |
Constitution on the concurrent exercise by home rule units of |
powers and functions exercised by the State. However, nothing |
in this Section shall prevent any person from signing up for a |
property fraud alert system by other means than those provided |
for in this Section, including, but not limited to, on a |
county's website or a third-party vendor's website that hosts a |
property fraud alert system.
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