SB2951

Illinois SB2951 amends the Code of Civil Procedure to establish a 10-year limit for commencing actions on mortgages and deeds of trust.

Illinois SB2951 amends the Code of Civil Procedure by changing Sections 13-115 and 13-206 to establish a 10-year limit for commencing actions on mortgages and deeds of trust. This means that no person can start a foreclosure action or sale unless it occurs within 10 years after the right of action or right to make the sale arises. The bill also modifies the Probate Act of 1975 to allow courts to investigate and resolve title disputes, remove clouds from titles, and manage the sale or mortgage of real estate.