State of Illinois
92nd General Assembly
Legislation

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[ Introduced ][ Engrossed ][ Senate Amendment 001 ]


92_HB2392enr

 
HB2392 Enrolled                                LRB9206109WHcs

 1        AN ACT concerning conveyances.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The Conveyances  Act  is  amended  by  adding
 5    Section 35d as follows:

 6        (765 ILCS 5/35d new)
 7        Sec. 35d.  Execution; permanent index number. In a county
 8    with  3,000,000  or  more  inhabitants,  whenever any deed or
 9    instrument  of  conveyance  is  executed,  the   grantor   of
10    residential   property  shall  provide  the  grantee  of  the
11    property with an individual permanent index number or numbers
12    that specifically represent the  legal  description  provided
13    for  in  the  deed  or  instrument  of  conveyance.   If  the
14    individual   permanent   index   number  or  numbers  do  not
15    specifically represent the legal description in the  deed  or
16    instrument  of  conveyance,  the grantor shall provide one of
17    the following:
18             (1)  proof that a proper  application  for  division
19        which  requests  division of property, a portion of which
20        would result in a permanent index number or numbers  that
21        represent  the  legal  description  found  in the deed or
22        instrument of conveyance, has been filed with the  county
23        assessor;
24             (2)  a  recorded  plat  of  subdivision  that  would
25        result  in  the  issuance  of a permanent index number or
26        numbers as described in subdivision (1); or
27             (3)  a recorded condominium declaration  that  would
28        result  in  the  issuance  of a permanent index number or
29        numbers as described in subdivision (1).
30        If the grantor fails to provide the grantee with either a
31    permanent index number or numbers that  represent  the  legal
 
HB2392 Enrolled             -2-                LRB9206109WHcs
 1    description  found in the deed or instrument of conveyance or
 2    one of the documents listed in subdivision (1), (2), or  (3),
 3    the  grantor  shall  be  personally liable to the grantee for
 4    taxes pursuant to Section 1-145 of the Property Tax Code  and
 5    attorney's  fees.  The  grantor's liability shall continue to
 6    accrue until the  permanent  index  number  or  numbers  that
 7    represent   the  legal  description  found  in  the  deed  or
 8    instrument of conveyance or one of the  documents  listed  in
 9    subdivision (1), (2), or (3) is delivered to the grantee. The
10    grantor's  failure  to  provide the permanent index number or
11    numbers shall  not  invalidate  the  deed  or  instrument  of
12    conveyance.  A  receipt  from  the county assessor confirming
13    that a proper application has been filed and  that  it  meets
14    the  requirements  set by the county assessor shall be deemed
15    to be evidence of proper application for division.

16        Section 99.  Effective date.  This Act takes effect  upon
17    becoming law.

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