Illinois Compiled Statutes 735 ILCS 5/15-1218 – Recorded Notice
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Terms Used In Illinois Compiled Statutes 735 ILCS 5/15-1218
- Lien: A claim against real or personal property in satisfaction of a debt.
“Recorded notice” with respect to any real estate means (i) any instrument filed in accordance with Sections 2-1901 or 12-101 of the Code of Civil Procedure or (ii) any recorded instrument which discloses (a) the names and addresses of the persons making the claim or asserting the interest described in the notice; (b) that such persons have or claim some interest in or lien on the subject real estate; (c) the nature of the claim; (d) the names of the persons against whom the claim is made; (e) a legal description of the real estate sufficient to identify it with reasonable certainty; (f) the name and address of the person executing the notice; and (g) the name and address of the person preparing the notice.