Amends the Counties Code. Provides that any person who files or causes to be filed a deed or instrument that is recorded in the grantor's index or the grantee's index that is fraudulent, unlawfully altered, or intended to unlawfully cloud or transfer the title of any real property may be held liable to the rightful property owner affected in an action brought in a court of competent jurisdiction for such legal or equitable relief as may be appropriate to enforce the Code. Requires every county to establish and maintain a property fraud alert system. Requires every recorder to establish a fraud referral and review process to review deeds and instruments.
House Floor Amendment No. 1: Provides that the private right of action established under the provisions of the engrossed bill made be brought against a person only if the person knowingly files or causes to be filed a deed or instrument that is recorded in the grantor's index or the grantee's index that is fraudulent, unlawfully altered, or intended to unlawfully cloud or transfer the title of any real property.
Statutes affected: Introduced: 55 ILCS 5/3
Engrossed: 55 ILCS 5/3
Enrolled: 55 ILCS 5/3