(35 ILCS 516/290)
Sec. 290.
Right of redemption.
(a) Mobile homes sold under this Act may be
redeemed only by those persons having a right of redemption as defined
in this Section and only in accordance with this Act.
A right to redeem a mobile home from any sale under this Act shall exist in
any
owner or person interested in that mobile home whether or not the
interest in the mobile home sold is recorded or filed. Any redemption shall
be presumed to have been made by or on behalf of the owners and persons
interested in the mobile home and shall inure to the benefit of the persons
having the certificate of title to the mobile home redeemed, subject to
the right of the person making the redemption to be reimbursed by the
persons benefited.
(b) Any person who desires to redeem and does not desire to
contest the validity of a petition for tax certificate of title may redeem
pursuant to this Section and related Sections of this Act without submitting a
written protest under Section 21-380.
(Source: P.A. 92-807, eff. 1-1-03.)
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