State Codes and Statutes
Statutes > Illinois > Chapter735 > 2017 > 073500050HArt_XII_Pt_9 (735 ILCS 5/12‑902) (from Ch. 110, par. 12‑902) Sec. 12‑902. Exemption after death or desertion. Such exemption shall continue after the death of such individual, for the benefit of the spouse surviving, so long as he or she continues to occupy such homestead, and of the children until the youngest child becomes 18 years of age; and in case the spouse deserts his or her family, the exemption shall continue in favor of the one occupying the premises as a residence. (Source: P.A. 82‑783.) |
(735 ILCS 5/12‑903) (from Ch. 110, par. 12‑903) Sec. 12‑903. Extent of exemption. No property shall, by virtue of Part 9 of Article XII of this Act, be exempt from sale for nonpayment of taxes or assessments, or for a debt or liability incurred for the purchase or improvement thereof, or for enforcement of a lien thereon pursuant to paragraph (g)(1) of Section 9 of the "Condominium Property Act", approved June 20, 1963, as amended, or be exempt from enforcement of a judgment for possession pursuant to paragraph (a)(7) or (a)(8) of Section 9‑102 of this Code. This amendatory Act of the 92nd General Assembly is intended as a clarification of existing law and not as a new enactment. (Source: P.A. 92‑540, eff. 6‑12‑02.) |
(735 ILCS 5/12‑905) (from Ch. 110, par. 12‑905) Sec. 12‑905. Dissolution of marriage. In case of a dissolution of marriage, the court granting the dissolution of marriage may dispose of the homestead estate according to the equities of the case. (Source: P.A. 82‑280.) |
(735 ILCS 5/12‑907) (from Ch. 110, par. 12‑907) Sec. 12‑907. Insurance proceeds. Whenever a building, exempted as a homestead, is insured in favor of the person entitled to the exemption, and a loss occurs, entitling such person to the insurance, such insurance money shall be exempt to the same extent as the building would have been had it not been destroyed. (Source: P.A. 82‑280.) |
(735 ILCS 5/12‑908) (from Ch. 110, par. 12‑908) Sec. 12‑908. Enforcement of lien. In the enforcement of a lien in the circuit court upon premises, including the homestead, if such right is not waived or released, as provided in Part 9 of Article XII of this Act, the court may set off the homestead and order the sale of the balance of the premises, or, if the value of the premises exceeds the exemption, and the premises cannot be divided, the court may order the sale of the whole and the payment of the amount of the exemption to the person entitled thereto. (Source: P.A. 83‑707.) |