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IL HB5665
Bill
Status
1/8/2013
Primary Sponsor
Constance Howard
Click for details
AI Summary
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Creates new criminal offense of "false representation concerning real estate title" (Section 15-1108) as a Class 4 felony when knowingly claiming a false interest, lien, or encumbrance in a recorded document, or executing/notarizing a forged or materially false document affecting real estate.
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Establishes "pattern of false representation concerning real estate title" (Section 15-1109) as a Class 3 felony when committing two or more violations within 4 years with similar patterns, methods, or accomplices, with aggregate loss exceeding $250.
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Authorizes civil penalty of up to $5,000 per violation recoverable by the Attorney General in circuit court, plus reasonable attorney's fees and costs.
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Allows property owners or beneficial interest holders to bring civil actions for damages caused by false representations, with requirement to send 20-day written demand for correction before filing suit.
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Exempts defendants from civil liability if they record a corrective document within 20 days of receiving written demand from the property owner or beneficial interest holder.
Legislative Description
CIV PRO-FORECLOSE-FRAUD-FELONY
Last Action
Session Sine Die
1/8/2013