SB1523

Establishes a property fraud alert system and review process for suspected fraudulent filings in Illinois counties.

Requires every county to establish and maintain a property fraud alert system. A recorder may create a registration form for a real estate professional's belief that a document or documents are suspected to be fraudulent and may request that the recorder refer the case for review. The recorder shall notify the last owner of record of the document or documents suspected to be fraudulent. The recorder may take into consideration various factors when deciding to refer a document to an administrative law judge for review.