Sec. 15-1513. Temporary COVID-19 stay of judicial sales, orders of possession.
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/il/chapter-735/act-5/15-1513A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 15-1513. Temporary COVID-19 stay of judicial sales, orders of possession.
(a)Notwithstanding Section 15-1507, no judicial foreclosure sale shall be held between the effective date of this Section and July 31, 2021. Any judicial foreclosure sale pending as of the effective date of this Section shall be cancelled and renoticed for a date after July 31, 2021.
(b)Notwithstanding subsection
(g)of Section 15-1508, no order of possession pursuant to a confirmation of judicial foreclosure sale shall be entered by a court, placed with a sheriff for execution, or executed by a sheriff until a date after July 31, 2021.
(c)This Section applies to any action to foreclose a mortgage relating to
(i)residential real estate as defined in Section 15-1219, and
(ii)real estate improved with a dwelling structure containing dwelling units for 6 or fewer families living independently of each other in which the mortgagor is a natural person landlord renting the dwelling units, even if the mortgagor does not occupy any of the dwelling units as his or her personal residence.