Illinois Compiled Statutes 770 Liens: Article -
- Illinois Commercial Real Estate Broker Lien Act. - 770 ILCS 15, Section 1
This Act may be cited as the Commercial Real Estate Broker Lien Act. (Source: P.A. 87-779.)
- Illinois Commercial Real Estate Broker Lien Act. - 770 ILCS 15, Section 5
Definitions. As used in this Act: "Commercial real estate" means any real estate located in Illinois other than (i) real estate containing one to...
- Illinois Commercial Real Estate Broker Lien Act. - 770 ILCS 15, Section 10
Broker's lien. (a) Any broker shall have a lien, upon commercial real estate or any interest in that commercial real estate, in the amount...
- Illinois Commercial Real Estate Broker Lien Act. - 770 ILCS 15, Section 15
Priority. Prior recorded liens and mortgages shall have priority over a broker's lien. A prior recorded lien shall include, without limitation, (i) a valid...
- Illinois Commercial Real Estate Broker Lien Act. - 770 ILCS 15, Section 20
Escrow of disputed amounts. Except as otherwise provided in this Section, whenever a claim for lien has been filed with the County Recorder or...
Last modified: February 18, 2015