{"data":{"id":"us-il/765-ilcs-935-70","jurisdiction":"us-il","citation":"765 ILCS 935/70","heading":"Form of hold-harmless agreement.","body":"A hold-harmless agreement in substantially the following form, allowing for alterations to reflect the facts of the transaction and identity of the title insurance companies, complies with this Act.\nHold-harmless Agreement\nTO: .................... (Presently insuring title insurance company)\nRe: Policy No.: ...... (Previously insuring title insurance company)\nPolicy amount: $..............\nPolicy/Commitment No.: ............... (Presently insuring title insurance company)\nYou show as exception number(s) .................. in your above referenced commitment for title insurance dated .........., the following exception(s):\nMortgage dated ........., recorded as Document No. ....... made by ................................. (borrow) to ................................. (lender) to secure an indebtedness in the amount of $.........\nFor and in consideration of your deleting said exception(s), we agree to indemnify you against loss that you may sustain as a result of said deletion. In no event may said indemnity exceed the face amount of our policy as noted above.\nIn the event any claim is made against you as a result of your deletion, you agree to notify us within 30 days of the date the claim is made.\nAny action you take with respect to the claim will not obligate us under this letter unless the aforesaid notice has been furnished us and we have adequate time to consider our approval or disapproval of the action.\n..........................................\nTitle Insurance Company (Previously insuring)","path":["CHAPTER 765 PROPERTY","Mortgage Certificate of Release Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2223\u0026ChapterID=62\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:46Z","sha256":"dc32e5530aa9c044359dfed875630033be5de2674798350239ce501db58e8830","source_id":"us-il","stale":false,"prev":"us-il/765-ilcs-935-65","next":"us-il/765-ilcs-935-90"},"notice":"GroundRules: Original legal text. Not legal advice."}