(605 ILCS 5/3-107.1d) (from Ch. 121, par. 3-107.1d)
Sec. 3-107.1d.
In addition to the amounts authorized to be paid in Sections 3-107.1, 3-107.1a, 3-107.1b, and 3-107.1c of this Code, the Department or any county may reimburse the owner of real property acquired for a State highway or federal aid highway project the reasonable and necessary expenses incurred for (1) recording fees, transfer taxes, and similar expenses incidental to conveying such real property; and (2) penalty costs for prepayment of any pre-existing recorded mortgages entered into in good faith encumbering such real property.
(Source: P.A. 77-1577.)
Sections: Previous 3-104.1 3-104.2 3-104.3 3-105 3-105.1 3-106 3-107 3-107.1 3-107.1a 3-107.1b 3-107.1c 3-107.1d 3-107.1e 3-107.1f 3-108 Next
Last modified: February 18, 2015