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Illinois Mortgage Act amendments pass General Assembly
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Legislative Developments
Monday, May 20, 2019
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A bill to amend the Illinois Mortgage Act to add “a person authorized by the mortgagor, grantor, heir, legal representative or assign” to the list of those who may request that the mortgagee of real property make, execute and deliver an instrument in writing releasing a mortgage or deed of trust, as well as other amendments passed both houses of the Illinois General Assembly. The bill now awaits the governor’s signature. Read on for more details.
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