Bill Text: IL SB2953 | 2011-2012 | 97th General Assembly | Introduced
Bill Title: Amends the Conveyances Act. In a provision requiring deeds, mortgages, powers of attorney, and other instruments relating to or affecting the title to real estate to be recorded, adds language requiring the instruments to be recorded in the recorder's office in the county in which the real estate is situated. In provisions concerning the effect of recording deeds, mortgages, and other instruments, makes the following changes: provides that those provisions also apply to the recording of assignments, mortgage releases, mortgage modifications, land equity loans, liens, lis pendens, and memoranda of judgment; changes the scope to instruments that affect interests in real property; and provides that deeds and title papers are void until recorded (instead of void until recorded as to creditors and subsequent purchasers) with the recorder's office in the county in which the property is located. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2013-01-08 - Session Sine Die [SB2953 Detail]
Download: Illinois-2011-SB2953-Introduced.html
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| 1 | AN ACT concerning civil law.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Conveyances Act is amended by changing | |||||||||||||||||||||
| 5 | Sections 28 and 30 as follows:
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| 6 | (765 ILCS 5/28) (from Ch. 30, par. 27)
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| 7 | Sec. 28.
Deeds, mortgages, powers of attorney, and other | |||||||||||||||||||||
| 8 | instruments
relating to or affecting the title to real estate | |||||||||||||||||||||
| 9 | in this state, shall be
recorded in the recorder's office in | |||||||||||||||||||||
| 10 | the county in which such real estate is situated; but if such
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| 11 | county is not organized, then in the county to which such | |||||||||||||||||||||
| 12 | unorganized
county is
attached for judicial purposes. No deed, | |||||||||||||||||||||
| 13 | mortgage, assignment of
mortgage, or other instrument relating | |||||||||||||||||||||
| 14 | to or affecting the title to real
estate in this State may | |||||||||||||||||||||
| 15 | include a provision prohibiting the recording of
that | |||||||||||||||||||||
| 16 | instrument, and any such provision in an instrument signed | |||||||||||||||||||||
| 17 | after the
effective date of this amendatory Act shall be void | |||||||||||||||||||||
| 18 | and of no force and
effect.
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| 19 | (Source: P.A. 89-160, eff. 7-19-95.)
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| 20 | (765 ILCS 5/30) (from Ch. 30, par. 29)
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| 21 | Sec. 30. Effect of recording. All deeds, mortgages, | |||||||||||||||||||||
| 22 | assignments, mortgage releases, mortgage modifications, land | |||||||||||||||||||||
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| 1 | equity loans, liens, lis pendens, memoranda of judgment, and | ||||||
| 2 | other instruments in of writing that affect interests in real | ||||||
| 3 | property and that which are
authorized to be recorded, shall | ||||||
| 4 | take effect and be in force from and after
the time of filing | ||||||
| 5 | the same for record, and not before, as to all creditors
and | ||||||
| 6 | subsequent purchasers, without notice; and all these such deeds | ||||||
| 7 | and title
papers shall be adjudged void as to all such | ||||||
| 8 | creditors and subsequent
purchasers, without notice, until the | ||||||
| 9 | same shall be filed for record with the recorder's office in | ||||||
| 10 | the county in which the property is located.
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| 11 | (Source: Laws 1871-2, p. 282.)
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| 12 | Section 99. Effective date. This Act takes effect upon | ||||||
| 13 | becoming law.
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