Full Text of SB0169 101st General Assembly
SB0169sam001 101ST GENERAL ASSEMBLY | Sen. John G. Mulroe Filed: 2/19/2019
| | 10100SB0169sam001 | | LRB101 04859 LNS 56070 a |
|
| 1 | | AMENDMENT TO SENATE BILL 169
| 2 | | AMENDMENT NO. ______. Amend Senate Bill 169 by replacing | 3 | | everything after the enacting clause with the following:
| 4 | | "Section 5. The Code of Civil Procedure is amended by | 5 | | changing Section 15-1503 as follows:
| 6 | | (735 ILCS 5/15-1503) (from Ch. 110, par. 15-1503)
| 7 | | Sec. 15-1503. Notice of Foreclosure. | 8 | | (a) A notice of foreclosure, whether
the foreclosure is | 9 | | initiated by complaint or
counterclaim, made in accordance with | 10 | | this Section and recorded in the
county in which the mortgaged | 11 | | real estate is located shall be constructive
notice of the | 12 | | pendency of the foreclosure to every person claiming an
| 13 | | interest in or lien on the mortgaged real estate, whose | 14 | | interest or lien
has not been recorded prior to the recording | 15 | | of such notice of foreclosure.
Such notice of foreclosure must | 16 | | be executed by any party or any party's
attorney and shall |
| | | 10100SB0169sam001 | - 2 - | LRB101 04859 LNS 56070 a |
|
| 1 | | include (i) the names of all plaintiffs and the case
number, | 2 | | (ii) the court in which the action was brought, (iii) the names | 3 | | of
title holders of record, (iv) a legal description of the | 4 | | real estate
sufficient to identify it with reasonable | 5 | | certainty, (v) a common address
or description of the location | 6 | | of the real estate and (vi) identification
of the mortgage | 7 | | sought to be foreclosed. An incorrect common address or
| 8 | | description of the location, or an immaterial error in the | 9 | | identification
of a plaintiff or title holder of record, shall | 10 | | not invalidate the lis
pendens effect of the notice under this | 11 | | Section.
A notice which complies with this Section shall be | 12 | | deemed to comply with
Section 2-1901 of the Code of Civil
| 13 | | Procedure and shall have the same effect as a notice filed | 14 | | pursuant to
that Section; however, a notice which complies with | 15 | | Section 2-1901 shall
not be constructive notice unless it also | 16 | | complies with the requirements of
this Section.
| 17 | | (b) With respect to residential real estate, a copy of the | 18 | | notice of foreclosure described in subsection (a) of Section | 19 | | 15-1503 shall be sent by first class mail, postage prepaid, to | 20 | | the municipality within the boundary of which the mortgaged | 21 | | real estate is located, or to the county within the boundary of | 22 | | which the mortgaged real estate is located if the mortgaged | 23 | | real estate is located in an unincorporated territory. A | 24 | | municipality or county must clearly publish on its website a | 25 | | single address to which such notice shall be sent. If a | 26 | | municipality or county does not maintain a website, then the |
| | | 10100SB0169sam001 | - 3 - | LRB101 04859 LNS 56070 a |
|
| 1 | | municipality or county must publicly post in its main office a | 2 | | single address to which such notice shall be sent. In the event | 3 | | that a municipality or county has not complied with the | 4 | | publication requirement in this subsection (b), then the copy | 5 | | of the notice to the municipality or county shall be sent by | 6 | | first class mail, postage prepaid, to the chairperson of the | 7 | | county board or county clerk in the case of a county, to the | 8 | | mayor or city clerk in the case of a city, to the president of | 9 | | the board of trustees or village clerk in the case of a | 10 | | village, or to the president or town clerk in the case of a | 11 | | town. Additionally, if the real estate is located in a city | 12 | | with a population of more than 2,000,000, regardless of whether | 13 | | that city has complied with the publication requirement in this | 14 | | subsection (b), the party must, within 10 days after filing the | 15 | | complaint or counterclaim: (i) send by first class mail, | 16 | | postage prepaid, a copy of the notice of foreclosure to the | 17 | | alderman for the ward in which the real estate is located and | 18 | | (ii) file an affidavit with the court attesting to the fact | 19 | | that the notice was sent to the alderman for the ward in which | 20 | | the real estate is located. The failure to send a copy of the | 21 | | notice to the alderman or to file an affidavit as required | 22 | | results in the dismissal without prejudice of the complaint or | 23 | | counterclaim on a motion of a party or the court. If, after the | 24 | | complaint or counterclaim has been dismissed without | 25 | | prejudice, the party refiles the complaint or counterclaim, | 26 | | then the party must again comply with the requirements that the |
| | | 10100SB0169sam001 | - 4 - | LRB101 04859 LNS 56070 a |
|
| 1 | | party send by first class mail, postage prepaid, the notice to | 2 | | the alderman for the ward in which the real estate is located | 3 | | and file an affidavit attesting to the fact that the notice was | 4 | | sent. | 5 | | (Source: P.A. 96-856, eff. 3-1-10; 97-1164, eff. 6-1-13 .)
| 6 | | Section 99. Effective date. This Act takes effect upon | 7 | | becoming law.".
|
|