{"data":{"id":"us-il/765-ilcs-915-1","jurisdiction":"us-il","citation":"765 ILCS 915/1","heading":"","body":"No agreement for the mortgage of a single-family residence shall contain any requirement that the mortgagor of the residence shall maintain in any escrow account for the payment of real property taxes or in any escrow-like arrangement for the same purpose any amount of money greater than 150% of the previous year's assessed real property tax upon the real property in regard to which the account is maintained, except in the first year of the mortgage's life.","path":["CHAPTER 765 PROPERTY","Mortgage Tax Escrow Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2219\u0026ChapterID=62\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:46Z","sha256":"ea14f48097d2413e2fd4bac52f18a881392904f3240a1310c0d720d5e24b6dad","source_id":"us-il","stale":false,"prev":"us-il/765-ilcs-915-0.01","next":"us-il/765-ilcs-920-0.01"},"notice":"GroundRules: Original legal text. Not legal advice."}
