605 ILCS 10/9.50: Reimbursement for Certain Expenses and Mortgage Penalty.
Where this section sits in the code
- CHAPTER 605 ROADS AND BRIDGES
- Toll Highway Act.
In addition to the other amounts authorized to be paid under this Act, the Authority may reimburse the owner of real property acquired for a toll highway project the reasonable and necessary expenses incurred for (1) recording fees, transfer taxes, and similar expenses incidental to conveying the real property; and (2) penalty costs for prepayment of any pre-existing recorded mortgages entered into in good faith encumbering the real property.
Collected 2026-09-15T04:46:39Z. Source file · JSON