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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 3-107.1d. In addition to the amounts authorized to be paid in Sections 3-107.1, 3-107.1a, 3-107.1b, and 3-107.1c of this Code, the Department or any county may reimburse the owner of real property acquired for a State highway or federal aid highway project the reasonable and necessary expenses incurred for (1) recording fees, transfer taxes, and similar expenses incidental to conveying such real property; and (2) penalty costs for prepayment of any pre-existing recorded mortgages entered into in good faith encumbering such real property.
Cite this article: FindLaw.com - Illinois Statutes Chapter 605. Roads and Bridges § 5/3-107.1d. Reimbursement for recording fees etc. and penalty cost on mortgage - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-605-roads-and-bridges/il-st-sect-605-5-3-107-1d/
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