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Illinois law

Real Estate Laws in Illinois.

Illinois real-estate law runs primarily through 765 ILCS. Illinois is a judicial-foreclosure state: lenders must enforce residential mortgages through the Circuit Court under the Illinois Mortgage Foreclosure Law at 735 ILCS 5/15-1101 et seq. That framework shapes timing, notice, redemption, and sale validity in Illinois foreclosure.

Last verified: 2026-04-17

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State law

Key Illinois Statutes

Illinois Property Code765 ILCS

765 ILCS covers conveyances, liens, recording, condominiums, and landlord-tenant issues in Illinois.

Illinois Mortgage Foreclosure Law735 ILCS 5/15-1101 et seq.

Illinois requires judicial foreclosure on residential mortgages, with statutory redemption and reinstatement periods and detailed procedural rules.

Illinois Condominium Property Act765 ILCS 605/

The Condominium Property Act governs the creation, governance, and operation of Illinois condominium associations — an especially active area in the Chicago metro.

State law

Official Sources

Not Legal Advice

This page summarizes publicly available statutes and rules for informational purposes only. It does not constitute legal advice, and no attorney-client relationship is created by viewing this content. Laws change — always verify with the primary source or consult a licensed attorney in Illinois.

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