35 ILCS 516/300
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 516/ - Mobile Home Local Services Tax Enforcement Act.|Division 7 - Redemption Procedures And Notice Requirements

Sec. 300.     Amount of redemption.     Any person desiring to redeem shall  deposit an amount specified in this Section with the county clerk of the  county in which the mobile home is situated,  in legal money of the United States, or by cashier's check, certified check,  post office money order or money order, issued by a financial institution  insured by an agency or instrumentality of the United States, payable to the  county clerk of the proper county.  The deposit shall be deemed timely only  if actually received in person at the county clerk's office prior to the close  of business as defined in Section 3-2007 of the Counties Code on or before the  expiration of the period of redemption or by United  States mail with a post office cancellation mark dated not less than one day  prior to the expiration of the period of redemption.  The deposit shall  be in an amount equal to the total of the following:(a) the certificate amount, which shall include all     tax principal, interest, and penalties paid by the tax purchaser together with costs and fees of sale and fees paid under Sections 235 and 260 through 280;(b) the accrued penalty, computed through the date of     redemption as a percentage of the certificate amount, as follows:(1) if the redemption occurs on or before the         expiration of  6 months from the date of sale, the certificate amount times the penalty bid at sale;(2) if the redemption occurs after 6 months from         the date of sale, and on or before the expiration of 12 months from the date of sale, the certificate amount times 2 times the penalty bid at sale;(3) if the redemption occurs after 12 months from         the date of sale and on or before the expiration of 18 months from the date of sale, the certificate amount times 3 times the penalty bid at sale;(4) if the redemption occurs after 18 months from         the date of sale and on or before the expiration of 24 months from the date of sale, the certificate amount times 4 times the penalty bid at sale;(5) if the redemption occurs after 24 months from         the date of sale and on or before the expiration of 30 months from the date of sale, the certificate amount times 5 times the penalty bid at sale;(6) if the redemption occurs after 30 months from         the date of sale and on or before the expiration of 36 months from the date of sale, the certificate amount times 6 times the penalty bid at sale.(c) The total of all taxes, accrued interest on those     taxes, and costs charged in connection with the payment of those taxes, which have been paid by the tax certificate holder on or after the date those taxes became delinquent together with 12% penalty on each amount so paid for each year or portion thereof intervening between the date of that payment and the date of redemption. In counties with less than 3,000,000 inhabitants, however, a tax certificate holder may not pay the subsequent tax for any year, nor shall any tender of such a payment be accepted, until the subsequent tax has become delinquent or until after the holder of the certificate of purchase has filed a petition for a tax certificate of title under Section 390.  The person redeeming shall also pay the amount of interest charged on the subsequent tax and paid as a penalty by the tax certificate holder.(d) Any amount paid to redeem a forfeiture occurring     subsequent to the tax sale together with 12% penalty thereon for each year or portion thereof intervening between the date of the forfeiture redemption and the date of redemption from the sale.(e) Any amount paid by the certificate holder for     redemption of a subsequently occurring tax sale.(f) All fees paid to the county clerk under Section     22-5.(g) All fees paid to the circuit clerk and the     sheriff or coroner in connection with the filing of the petition for tax certificate of title and service of notices under Sections 375 through 390 and 400 in addition to (1) a fee of $35 if a petition for tax certificate of title has been filed, which fee shall be posted to the tax judgement, sale, redemption, and forfeiture record, to be paid to the purchaser or his or her assignee; (2) a fee of $4 if a notice under Section 365 has been filed, which fee shall be posted to the tax judgment, sale, redemption, and forfeiture record, to be paid to the purchaser or his or her assignee; and (3) all costs paid to record a lis pendens notice in connection with filing a petition under this Act. The fees in (1) and (2) of this paragraph (g) shall be exempt from the posting requirements of Section 305.(h) All fees paid for publication of notice of the     tax sale in accordance with Section 380.(i) All sums paid to any city, village or     incorporated town for reimbursement under Section 395.(j) All costs and expenses of receivership under     Section 350, to the extent that these costs and expenses exceed any income from the mobile home in question, if the costs and expenditures have been approved by the court appointing the receiver and a certified copy of the order or approval is filed and posted by the certificate holder with the county clerk.  Only actual costs expended may be posted on the tax judgment, sale, redemption and forfeiture record.   (Source: P.A. 92-807, eff. 1-1-03.)