reglab/housing_qa huggingface dataset:
735 ILCS 5/15-1204
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1204)Sec. 15-1204.     Guarantor.     "Guarantor" means any person who has  undertaken to pay any indebtedness or perform any obligation of a mortgagor  under a mortgage or of any other person who owes payment or the performance  of other obligations secured by the mortgage, which undertaking is made by  a guaranty or surety agreement of any kind.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1205
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1205)Sec. 15-1205.     Land Trust.     "Land trust" means any trust arrangement  under which the legal and equitable title to real estate is held by a  trustee, the interest of the beneficiary of the trust is personal property  and the beneficiary or any person designated in writing by the beneficiary  has (i) the exclusive power to direct or control the trustee in dealing  with the title to the trust property, (ii) the exclusive control of the  management, operation, renting and selling of the trust property and (iii)  the exclusive right to the earnings, avails and proceeds of the trust property.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1206
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1206)Sec. 15-1206. Mechanics' Lien. "Mechanics' lien" or "mechanics' lien  claim" means a lien or claim arising under the Mechanics   Lien Act.  (Source: P.A. 96-328, eff. 8-11-09.)
735 ILCS 5/15-1207
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1207)Sec. 15-1207.     Mortgage.     "Mortgage" means any consensual lien created  by a written instrument which grants or retains an interest in real estate  to secure a debt or other obligation.  The term "mortgage" includes, without limitation:(a) mortgages securing "reverse mortgage" loans as authorized by  subsection (a) of Section  5 of the Illinois Banking Act;(b) mortgages securing "revolving credit" loans as authorized by  subsection (c) of Section  5 of the Illinois Banking Act, Section 1-6b of the Illinois Savings and  Loan Act and Section 46 of the Illinois Credit Union Act;(c) every deed conveying real estate, although an absolute conveyance in  its terms, which shall have been intended only as a security in the nature  of a mortgage;(d) equitable mortgages; and(e) instruments which would have been deemed instruments in the nature  of a mortgage prior to the effective date of this amendatory Act of 1987.    (Source: P.A. 85-907.)
735 ILCS 5/15-1208
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1208)Sec. 15-1208.     Mortgagee.     "Mortgagee" means (i) the holder of an  indebtedness or obligee of a  non-monetary obligation secured by a mortgage or any person designated or  authorized to act on behalf of such holder and (ii) any person claiming  through a mortgagee as successor.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1209
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1209)Sec. 15-1209.     Mortgagor.     "Mortgagor" means (i) the person whose  interest in the real estate is the subject of the mortgage and (ii) any  person claiming through a mortgagor as successor.  Where a mortgage is executed by a trustee of a land trust, the mortgagor  is the trustee and not the beneficiary or beneficiaries.    (Source: P.A. 85-907.)
735 ILCS 5/15-1210
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1210)Sec. 15-1210.     Nonrecord Claimant.     "Nonrecord claimant" means any  person (i) who has or claims to have an interest in mortgaged real estate,  (ii) whose name or interest, at the time a notice of foreclosure is  recorded in accordance with Section 15-1503, is not disclosed of record  either (1) by means of a recorded notice or (2) by means of a proceeding  which under the law as in effect at the time the foreclosure is commenced  would afford constructive notice of the existence of such interest and  (iii) whose interest falls in any of the following categories: (1) right of  homestead, (2) judgment creditor, (3) beneficial interest under any trust  other than the beneficial interest of a beneficiary of a trust in actual  possession of all or part of the real estate or (4) mechanics' lien claim.  Notwithstanding the foregoing, for the purpose of this Article no  proceeding shall be deemed to constitute constructive notice of the  interest of any nonrecord claimant in the mortgaged real estate unless in  the proceeding there is a legal description of the real estate sufficient  to identify it with reasonable certainty.  The classification of any person  as a nonrecord claimant under the foregoing definition shall not be  affected by any actual notice or knowledge  of or attributable to the mortgagee.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1211
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1211)Sec. 15-1211.     Notice of Foreclosure.     "Notice of foreclosure" means  the notice of a foreclosure which is made and recorded in accordance with  Section 15-1503 of this Article.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1212
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1212)Sec. 15-1212.     Owner of Redemption.     "Owner of redemption" means a  mortgagor, or other owner or co-owner of the  mortgaged real estate.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1213
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1213)Sec. 15-1213. Real Estate. "Real estate" means land or any estate or  interest in, over or under land (including minerals, air rights,  structures, fixtures and other things which by custom, usage or law pass  with a conveyance of land though not described or mentioned in the contract  of sale or instrument of conveyance).  "Mortgaged real estate" means the  real estate which is the subject of a mortgage. "Real estate" includes a manufactured home as defined in subdivision (53) of Section 9-102 of the Uniform Commercial Code that is real property as defined in the Conveyance and Encumbrance of Manufactured Homes as Real Property and Severance Act.   (Source: P.A. 98-749, eff. 7-16-14.)
735 ILCS 5/15-1214
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1214)Sec. 15-1214.     Real Estate Installment Contract.     "Real estate  installment contract" means any agreement or contract for a deed under  which the purchase price is to be paid in installments with title to the  real estate to be conveyed to the buyer upon payment of the purchase price  or a specified portion thereof.  For the purpose of this definition, an  earnest money deposit shall not be considered an installment.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1215
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1215)Sec. 15-1215.     Receiver.     "Receiver" means a receiver appointed  pursuant to Section 15-1704 of this Article.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1216
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1216)Sec. 15-1216.     Recorder.     "Recorder" means (i) the Recorder  of the county in which the mortgaged real estate is located or (ii) if the  mortgaged real estate is registered under the Torrens Act, the Registrar of  Titles of the county in which the mortgaged real estate is located.  "Recorder" includes any authorized assistant or employee of the Recorder.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1217
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1217)Sec. 15-1217. Recording of Instruments. "Recording of instruments"  or "to record" means to present to the Recorder a document, in recordable  form, which is to be recorded in accordance with Section 3-5024 of the Counties Code, together with the required recording fee.  The Registrar of  Titles shall accept the filing of notices or affidavits required or  permitted by this Article without the necessity of the production of evidence of title.  (Source: P.A. 96-328, eff. 8-11-09.)
735 ILCS 5/15-1218
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1218)Sec. 15-1218.     Recorded Notice.     "Recorded notice" with respect to any  real estate means (i) any instrument filed in accordance with Sections  2-1901 or 12-101 of the Code of Civil Procedure or (ii) any  recorded instrument which  discloses (a) the names and  addresses of the persons making the claim or asserting the interest  described in the notice; (b) that such persons have or claim some interest  in or lien on the subject real estate; (c) the nature of the claim; (d) the  names of the persons against whom the claim is made; (e) a legal  description of the real estate sufficient to identify it with reasonable  certainty; (f) the name and address of the person executing the notice; and  (g) the name and address of the person preparing the notice.    (Source: P.A. 85-907.)
735 ILCS 5/15-1219
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1219)Sec. 15-1219. Residential Real Estate. "Residential real estate"  means any real estate, except a single tract of agricultural real estate  consisting of more than 40 acres, which is improved with a single family  residence or residential condominium units or a multiple dwelling structure  containing single family dwelling units for six or fewer families living  independently of each other, which residence, or at least one of which  condominium or dwelling units, is occupied as a principal residence either  (i) if a mortgagor is an individual,  by that mortgagor, that mortgagor's spouse or that mortgagor's descendants,  or (ii) if a mortgagor is a trustee of a trust or an executor or  administrator of an estate, by a beneficiary of that trust or estate or by such  beneficiary's spouse or descendants or (iii) if a mortgagor is a  corporation, by persons owning collectively at least 50 percent of the  shares of voting stock of such corporation or by a spouse or descendants  of such persons.  The use of a portion of residential real estate for non-residential  purposes shall not affect the characterization of such real estate as  residential real estate. For purposes of the definition of the term "abandoned residential property" in Section 15-1200.5 of this Article, "abandoned residential property" shall not include the requirement that the real estate be occupied, or if zoned for residential development, improved with a dwelling structure.   (Source: P.A. 97-1164, eff. 6-1-13.)
735 ILCS 5/15-1220
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1220)Sec. 15-1220.     Statutory Judgment Rate.     "Statutory judgment rate"  means the rate of interest on judgments specified in Section 2-1303 of the  Code of Civil Procedure.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1221
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1221)Sec. 15-1221.     Unknown Owner.     "Unknown owner" means the same as  "unknown owner" as used in Section 2-413 of the Code of Civil Procedure.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1222
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1222)Sec. 15-1222. Acts Referred to in this Article. Acts referred to by  name in this Article shall mean those Acts, as amended from time to time,  and, in particular:(a) "Torrens Act" means "An act concerning land titles", approved May 1, 1897.(b) (Blank).(c) "Mechanics   Lien Act" means the Mechanics Lien Act, 770 ILCS 60/Act.  (Source: P.A. 96-328, eff. 8-11-09.)
735 ILCS 5/15-1223
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

Sec. 15-1223.     Occupant.     "Occupant" means a person in lawful physical  possession  of all or part of the mortgaged real estate.    (Source: P.A. 88-265.)
735 ILCS 5/15-1224
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

Sec. 15-1224. Bona fide lease.(a) For purposes of Sections 9-207.5, 15-1225, 15-1506, 15-1508, and 15-1701 of this Code only, the term "bona fide lease" means a lease of a dwelling unit in residential real estate in foreclosure for which:(1) the mortgagor or the child, spouse, or parent of     the mortgagor is not the tenant;(2) the lease was the result of an arms-length     transaction;(3) the lease requires the receipt of rent that is     not substantially less than fair market rent for the property or the rent is reduced or subsidized pursuant to a federal, State, or local subsidy; and(4) either (i) the lease was entered into or renewed     on or before the date of the filing of the lis pendens on the residential real estate in foreclosure pursuant to Section 2-1901 of this Code or (ii) the lease was entered into or renewed after the date of the filing of the lis pendens on the residential real estate in foreclosure and before the date of the judicial sale of the residential real estate in foreclosure, and the term of the lease is for one year or less.(b) A written lease for a term exceeding one year that is entered into or renewed after the date of the filing of the lis pendens on the residential real estate in foreclosure pursuant to Section 2-1901 of this Code and before the date of the judicial sale of the residential real estate in foreclosure that otherwise meets the requirements of subsection (a) of this Section shall be deemed to be a bona fide lease for a term of one year.(c) An oral lease entered into at any time before the date of the judicial sale of the residential real estate in foreclosure that otherwise meets the requirements of subsection (a) of this Section shall be deemed to be a bona fide lease for a month-to-month term, unless the lessee proves by a preponderance of evidence that the oral lease is for a longer term. In no event shall an oral lease be deemed to be a bona fide lease for a term of more than one year.(d) A written or oral lease entered into on or after the date of the judicial sale of the residential real estate in foreclosure and before the date of the court order confirming the judicial sale that otherwise meets the requirements of subsection (a) of this Section shall be deemed to be a bona fide lease for a month-to-month term.(e) Notwithstanding paragraph (1) of subsection (a) of this Section, a child, spouse, or parent of the mortgagor may prove by a preponderance of evidence that a written or oral lease that otherwise meets the requirements of subsection (a) of this Section is a bona fide lease.   (Source: P.A. 98-514, eff. 11-19-13.)
735 ILCS 5/15-1225
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

Sec. 15-1225. Residential real estate in foreclosure. For purposes of Sections 9-207.5, 15-1224, 15-1506, 15-1508, and 15-1701 of this Code only, the term "residential real estate in foreclosure" means any real estate, except a single tract of agricultural real estate consisting of more than 40 acres, which is improved with a single family residence or residential condominium units or a multiple dwelling structure containing single family dwelling units for one or more families living independently of one another, for which an action to foreclose the real estate: (1) has commenced and is pending; (2) was pending when the bona fide lease was entered into or renewed; or (3) was commenced after the bona fide lease was entered into or renewed.  (Source: P.A. 98-514, eff. 11-19-13.)
735 ILCS 5/Art. XV Pt. 13 heading
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 Part 13.      Mortgage Lien Priorities
735 ILCS 5/15-1301
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1301)Sec. 15-1301.     Lien Created.     Except as provided in Section 15-1302,  from the time a mortgage is recorded it shall be a lien upon the real  estate that is the subject of the mortgage for all monies advanced or  applied or other obligations secured in accordance with the terms of the  mortgage or as authorized by law, including the amounts specified in a  judgment of foreclosure in accordance with subsection (d) of Section 15-1603.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1302
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1302)Sec. 15-1302. Certain Future Advances.(a)  Advances Made After  Eighteen Months.  Except as provided in subsection (b) of Section 15-1302, as to any  monies advanced or applied more than 18 months after a mortgage is  recorded, the mortgage shall be a lien as to subsequent purchasers and  judgment creditors only from the time such monies are advanced or applied.  However, nothing in this Section shall affect any lien arising or existing  by virtue of the Mechanics   Lien Act.(b) Exceptions.(1) All monies advanced or applied pursuant to     commitment, whenever advanced or applied, shall be a lien from the time the mortgage is recorded.  An advance shall be deemed made pursuant to commitment only if the mortgagee has bound itself to make such advance in the mortgage or in an instrument executed contemporaneously with, and referred to in, the mortgage, whether or not a subsequent event of default or other event not within the mortgagee's control has relieved or may relieve the mortgagee from its obligation.(2) All monies advanced or applied, whenever advanced     or applied, in accordance with the terms of a reverse mortgage shall be a lien from the time the mortgage is recorded.(3) All monies advanced or applied in accordance with     the terms of a revolving credit arrangement secured by a mortgage as authorized by law shall be a lien from the time the mortgage is recorded.(4) All interest which in accordance with the terms     of a mortgage is accrued or added to the principal amount secured by the mortgage, whenever added, shall be a lien from the time the mortgage is recorded.(5) All monies advanced by the mortgagee in     accordance with the terms of a mortgage to (i) preserve or restore the mortgaged real estate, (ii) preserve the lien of the mortgage or the priority thereof or (iii) enforce the mortgage, shall be a lien from the time the mortgage is recorded. (Source: P.A. 96-328, eff. 8-11-09.)
735 ILCS 5/Art. XV Pt. 14 heading
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 Part 14.      Methods of Terminating Mortgagor's Interest in Real Estate
735 ILCS 5/15-1401
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1401)Sec. 15-1401.     Deed in Lieu of Foreclosure.     The mortgagor and  mortgagee may agree on a termination of the mortgagor's interest in the  mortgaged real estate after a default by a mortgagor.  Any mortgagee or  mortgagee's nominee may accept a deed from the mortgagor in lieu of  foreclosure subject to any other claims or liens affecting the real estate.  Acceptance of a deed in lieu of foreclosure shall relieve from personal  liability all persons who may owe payment or the performance of other  obligations secured by the mortgage, including guarantors of such  indebtedness or obligations, except to the extent a person agrees not to be  relieved in an instrument executed contemporaneously.  A deed in lieu of  foreclosure, whether to the mortgagee or mortgagee's nominee, shall not  effect a merger of the mortgagee's interest as mortgagee and the  mortgagee's interest derived from the deed in lieu of foreclosure.  The mere tender of an executed deed by the mortgagor or the recording of  a deed by the mortgagor to the mortgagee shall not constitute acceptance by  the mortgagee of a deed in lieu of foreclosure.    (Source: P.A. 86-974.)
735 ILCS 5/15-1403
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1403)Sec. 15-1403.     Common Law Strict Foreclosure.     Nothing in this Article  shall affect the right of a mortgagee to foreclose its mortgage by a common  law strict foreclosure as in existence in Illinois on the effective date of  this Article.    (Source: P.A. 84-1462.)
735 ILCS 5/15-1404
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1404)Sec. 15-1404.     Judicial Foreclosure.     Except as provided  in subsection (d) of Section 15-1501, the interest in the  mortgaged real estate of (i) all persons  made a party in such foreclosure and (ii) all nonrecord claimants given  notice in accordance with paragraph (2) of subsection (c) of Section  15-1502, shall be terminated by the  judicial sale of the real estate, pursuant to a judgment of  foreclosure, provided the sale is confirmed in  accordance with this Article.    (Source: P.A. 85-907.)
735 ILCS 5/15-1405
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 (from Ch. 110, par. 15-1405)Sec. 15-1405.     Power of Sale.     No real estate within this State may be  sold by virtue of any power of sale contained in a mortgage or any other  agreement, and all such mortgages may only be foreclosed in accordance with  this Article.    (Source: P.A. 84-1462.)
735 ILCS 5/Art. XV Pt. 15 heading
2021 Illinois Compiled Statutes|Chapter 735 - CIVIL PROCEDURE|735 ILCS 5/ - Code of Civil Procedure.|Article XV - Mortgage Foreclosure

 Part 15.      Judicial Foreclosure Procedure