Illinois Compiled Statutes
735 ILCS 5/15-1223 (2026)
Occupant
✓ current as of May 2026
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(735 ILCS 5/15-1223)
Sec. 15-1223.
Occupant.
"Occupant" means a person in lawful physical
possession
of all or part of the mortgaged real estate.
(Source: P.A. 88-265.)
Notes of Decisions
Cited in 2
cases, 1995–1995 · leading case: Rembert v. Sheahan, 62 F.3d 937 (7th Cir. 1995).
Rembert v. Sheahan, 62 F.3d 937 (7th Cir. 1995). “The most notable is 735 ILCS 5/15-1223, which defines an "occupant" as "a person in lawful physical possession of all or part of the mortgaged real estate.”
Rembert v. Sheahan, 62 F.3d 937 (7th Cir. 1995). “The most notable is 735 ILCS 5/15-1223, which defines an "occupant” as "a person in lawful physical possession of all or part of the mortgaged real estate.”
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