ILCS » Chapter 735 · Act 5
Illinois Compiled Statutes

735 ILCS 5/15-1503 (2026)

Notice of foreclosure

✓ current as of May 2026
Find cases: SyfertCases citing this section IL-ILGAilga.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar
(735 ILCS 5/15-1503) (from Ch. 110, par. 15-1503)
    Sec. 15-1503. Notice of foreclosure.
    (a) A notice of foreclosure, whether the foreclosure is initiated by complaint or counterclaim, made in accordance with this Section and recorded in the county in which the mortgaged real estate is located shall be constructive notice of the pendency of the foreclosure to every person claiming an interest in or lien on the mortgaged real estate, whose interest or lien has not been recorded prior to the recording of such notice of foreclosure. Such notice of foreclosure must be executed by any party or any party's attorney and shall include (i) the names of all plaintiffs and the case number, (ii) the court in which the action was brought, (iii) the names of title holders of record, (iv) a legal description of the real estate sufficient to identify it with reasonable certainty, (v) a common address or description of the location of the real estate and (vi) identification of the mortgage sought to be foreclosed. An incorrect common address or description of the location, or an immaterial error in the identification of a plaintiff or title holder of record, shall not invalidate the lis pendens effect of the notice under this Section. A notice which complies with this Section shall be deemed to comply with Section 2-1901 of the Code of Civil Procedure and shall have the same effect as a notice filed pursuant to that Section; however, a notice which complies with Section 2-1901 shall not be constructive notice unless it also complies with the requirements of this Section.
    (b) (Blank).
(Source: P.A. 102-15, eff. 6-17-21; 103-61, eff. 6-9-23.)

    
Notes of Decisions
Cited in 16 cases (3 in the last 5 years), 1993–2024 · leading case: Bayview Loan Servicing, LLC v. 2010 Real Est. Foreclosure, LLC, 2013 IL App (1st) 120711 (Ill. App. Ct. 2013).
Sort: Relevance Newest Treatment
Bayview Loan Servicing, LLC v. 2010 Real Est. Foreclosure, LLC, 2013 IL App (1st) 120711 (Ill. App. Ct. 2013). · cites it 3× “¶ 38 In response, plaintiff argues that a review of the lis pendens it filed in this case meets the requirements of section 15-1503 of the Foreclosure Law (735 ILCS 5/15-1503 (West 2010)), and that it was intervenor’s duty in this case to actually examine the lis pendens, not to…”
Cathay Bank v. Accetturo, 2016 IL App (1st) 152783 (Ill. App. Ct. 2016). · cites it 4× “¶ 14 On February 19, 2015, Cathay Bank filed its reply and maintained that (i) Accetturo’s answer to the complaint failed to raise an issue of fact, specifically it failed to offer proof that payment was made on the note after December 1, 2011; (ii) section 15-1503 of the…”
Cathay Bank v. Accetturo, 2016 IL App (1st) 152783 (Ill. App. Ct. 2017). · cites it 4× “-5- ¶ 14 On February 19, 2015, Cathay Bank filed its reply and maintained that (i) Accetturo’s answer to the complaint failed to raise an issue of fact, specifically it failed to offer proof that payment was made on the note after December 1, 2011; (ii) section 15-1503 of the…”
Lake Cnty. Grading Co., LLC v. Forever Constr., Inc., 2017 IL App (2d) 160359 (Ill. App. Ct. 2017). “*** A notice which complies with this Section shall be deemed to comply with section 2-1901 of the Code of Civil Procedure and shall have the same effect as a notice filed pursuant to that Section; however, a notice which complies with Section 2- 1901 shall not be constructive…”
Lake Cnty. Grading Co., LLC v. Forever Constr., Inc., 2017 IL App (2d) 160359 (Ill. App. Ct. 2017). “” 735 ILCS 5/15-1503 (West 2012). ¶ 58 LCG does not allege any defects in Waukegan Savings’ amended notice of foreclosure, and because the recording of the notice predated the recording of LCG’s mechanic’s lien, LCG is deemed to have had constructive notice of the pendency of…”
Neighborhood Lending Servs., Inc. v. Callahan, 2017 IL App (1st) 162585 (Ill. App. Ct. 2017). “In contrast, the record reflects that Sanders-despite purportedly receiving a quitclaim deed for the property in 2013-has never seen to it that that deed was properly recorded and-despite obtaining a copy of the notice of sale on February 20, 2016-failed to seek to intervene in…”
Neighborhood Lending Servs., Inc. v. Callahan, 2017 IL App (1st) 162585 (Ill. App. Ct. 2018). “¶ 30 Here, the record reflects that NLS (1) properly served nonrecord claimants such as Sanders by publication; (2) properly recorded a lis pendens and notice of foreclosure on May 13, 2015, giving nonrecord claimants, such as Sanders, constructive notice of its claim on the…”
Agribank, F C B v. Rodel Farms, Inc., 623 N.E.2d 1016 (Ill. App. Ct. 1993). “(See 735 ILCS 5/15-1503 (West 1992).) Section 15-1503 of the Foreclosure Law specifically provides: “A notice of foreclosure *** made in accordance with this Section and recorded in the county in which the mortgaged real estate is located shall be constructive notice of the…”
Deutsche Bank Nat'l Trust Co. v. Roman, 2019 IL App (1st) 171296 (Ill. App. Ct. 2019). “In their response, defendants argued that (1) they did not receive a grace period notice as required by the Foreclosure Law ( 735 ILCS 5/15-1503(b) (West 2016) ), and (2) plaintiff did not send a "notice of foreclosure" to the alderman of the ward where the property is located.”
Bank of New York Mellon v. Sperekas, 2020 IL App (1st) 191168 (Ill. App. Ct. 2020). · cites it 2× “16, 2019) (amending 735 ILCS 5/15-1503(b)). The stay will be lifted once the plaintiff presents the trial court with proof of delivery.”
Pedersen & Houpt, P.C. v. Main Street Vill. West, Part 1, LLC, 2012 IL App (1st) 112971 (Ill. App. Ct. 2014). “735 ILCS 5/15-1503 (West 2010). The issue of perfection becomes critical when addressing the priority of competing liens.”
Nationstar Mortg. LLC v. Jones, 2020 IL App (1st) 191737-U (Ill. App. Ct. 2020). · cites it 3× “Defendant alleged two affirmative defenses: (1) plaintiff lacked standing and (2) plaintiff failed to fulfill a condition precedent before filing the complaint; namely, plaintiff failed to file a proper alderman affidavit under section 15-1503 of the Foreclosure Law (735 ILCS…”
Show all 16 citing cases →
— 735 ILCS 5/15-1503(a) — 4 cases
Neighborhood Lending Servs., Inc. v. Callahan, 2017 IL App (1st) 162585 (Ill. App. Ct. 2017). “In contrast, the record reflects that Sanders-despite purportedly receiving a quitclaim deed for the property in 2013-has never seen to it that that deed was properly recorded and-despite obtaining a copy of the notice of sale on February 20, 2016-failed to seek to intervene in…”
Neighborhood Lending Servs., Inc. v. Callahan, 2017 IL App (1st) 162585 (Ill. App. Ct. 2018). “¶ 30 Here, the record reflects that NLS (1) properly served nonrecord claimants such as Sanders by publication; (2) properly recorded a lis pendens and notice of foreclosure on May 13, 2015, giving nonrecord claimants, such as Sanders, constructive notice of its claim on the…”
JP Morgan Chase Bank N.A. v. Fed. Deposit Ins. Corp., As Receiver for Washington Fed. Bank for Sav. (N.D. Ill. 2022).
Menard, Inc. v. 1945 Cornell, LLC, 2013 IL App (1st) 121422 (Ill. App. Ct. 2013).
— 735 ILCS 5/15-1503(b) — 7 cases
Cathay Bank v. Accetturo, 2016 IL App (1st) 152783 (Ill. App. Ct. 2016). “¶ 14 On February 19, 2015, Cathay Bank filed its reply and maintained that (i) Accetturo’s answer to the complaint failed to raise an issue of fact, specifically it failed to offer proof that payment was made on the note after December 1, 2011; (ii) section 15-1503 of the…”
Cathay Bank v. Accetturo, 2016 IL App (1st) 152783 (Ill. App. Ct. 2017). “-5- ¶ 14 On February 19, 2015, Cathay Bank filed its reply and maintained that (i) Accetturo’s answer to the complaint failed to raise an issue of fact, specifically it failed to offer proof that payment was made on the note after December 1, 2011; (ii) section 15-1503 of the…”
Deutsche Bank Nat'l Trust Co. v. Roman, 2019 IL App (1st) 171296 (Ill. App. Ct. 2019). “In their response, defendants argued that (1) they did not receive a grace period notice as required by the Foreclosure Law ( 735 ILCS 5/15-1503(b) (West 2016) ), and (2) plaintiff did not send a "notice of foreclosure" to the alderman of the ward where the property is located.”
Bank of New York Mellon v. Sperekas, 2020 IL App (1st) 191168 (Ill. App. Ct. 2020). “16, 2019) (amending 735 ILCS 5/15-1503(b)). The stay will be lifted once the plaintiff presents the trial court with proof of delivery.”
Nationstar Mortg. LLC v. Jones, 2020 IL App (1st) 191737-U (Ill. App. Ct. 2020). “Defendant alleged two affirmative defenses: (1) plaintiff lacked standing and (2) plaintiff failed to fulfill a condition precedent before filing the complaint; namely, plaintiff failed to file a proper alderman affidavit under section 15-1503 of the Foreclosure Law (735 ILCS…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.