Common Law Strict Foreclosure

735 ILCS 5/15-1403
in effect
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(735 ILCS 5/15-1403) (from Ch. 110, par. 15-1403) Sec. 15-1403. Common Law Strict Foreclosure. Nothing in this Article shall affect the right of a mortgagee to foreclose its mortgage by a common law strict foreclosure as in existence in Illinois on the effective date of this Article. (Source: P.A. 84-1462.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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