093_HB2925 LRB093 09725 BDD 09965 b 1 AN ACT concerning property taxes. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Property Tax Code is amended by changing 5 Section 22-10 as follows: 6 (35 ILCS 200/22-10) 7 Sec. 22-10. Notice of expiration of period of 8 redemption. A purchaser or assignee shall not be entitled to 9 a tax deed to the property sold unless, not less than 3 10 months nor more than 5 months prior to the expiration of the 11 period of redemption, he or she gives, by registered or 12 certified mail, notice of the sale and the date of expiration 13 of the period of redemption to the owners, occupants, and 14 parties interested in the property, including any mortgagee 15 of record, as provided below. 16 The Notice to be given to the parties shall be in at 17 least 10 point type in the following form completely filled 18 in: 19 TAX DEED NO. .................... FILED .................... 20 TAKE NOTICE 21 County of ............................................... 22 Date Premises Sold ...................................... 23 Certificate No. ........................................ 24 Sold for General Taxes of (year) ........................ 25 Sold for Special Assessment of (Municipality) 26 and special assessment number ........................... 27 Warrant No. ................ Inst. No. ................. 28 THIS PROPERTY HAS BEEN SOLD FOR 29 DELINQUENT TAXES 30 Property located at ......................................... 31 Legal Description or Property Index No. ..................... -2- LRB093 09725 BDD 09965 b 1 ............................................................. 2 ............................................................. 3 This notice is to advise you that the above property has 4 been sold for delinquent taxes and that the period of 5 redemption from the sale will expire on ..................... 6 ............................................................. 7 The amount to redeem is subject to increase at 6 month 8 intervals from the date of sale and may be further increased 9 if the purchaser at the tax sale or his or her assignee pays 10 any subsequently accruing taxes or special assessments to 11 redeem the property from subsequent forfeitures or tax sales. 12 Check with the county clerk as to the exact amount you owe 13 before redeeming. 14 This notice is also to advise you that a petition has 15 been filed for a tax deed which will transfer title and the 16 right to possession of this property if redemption is not 17 made on or before ........................................... 18 This matter is set for hearing in the Circuit Court of 19 this county in ...., Illinois on ..... 20 You may be present at this hearing but your right to 21 redeem will already have expired at that time. 22 YOU ARE URGED TO REDEEM IMMEDIATELY 23 TO PREVENT LOSS OF PROPERTY 24 Redemption can be made at any time on or before .... by 25 applying to the County Clerk of ...., County, Illinois at the 26 County Court House in ...., Illinois. 27 For further information contact the County Clerk. 28 .......................... 29 Purchaser or Assignee. 30 In counties with 3,000,000 or more inhabitants, the 31 notice shall also state the address, room number and time at 32 which the matter is set for hearing. 33 This amendatory Act of 1996 applies only to matters in 34 which a petition for tax deed is filed on or after the -3- LRB093 09725 BDD 09965 b 1 effective date of this amendatory Act of 1996. 2 (Source: P.A. 91-357, eff. 7-29-99; 92-267, eff. 1-1-02.) 3 Section 99. Effective date. This Act takes effect upon 4 becoming law.