Illinois Statutes

§ 80 — Credits towards deficiency in the case of default

Illinois·Topic RIGHTS AND REMEDIES·Ch. 765 PROPERTY·Act 765 ILCS 67/ Installment Sales Contract Act.
If the buyer defaults, the seller shall credit toward the buyer deficiency any amount the buyer spent to repair defects in the property that existed before the sale.

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Legislative History

(Source: P.A. 100-416, eff. 1-1-18 .)
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