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765 ILCS 67/80

Credits towards deficiency in the case of default

Illinois · Illinois Compiled Statutes 765 ILCS 67 — Installment Sales Contract Act. · Status: effective

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765 ILCS 67/80, Credits towards deficiency in the case of default, Illinois, version 1 as recorded 2026-08-15, yourstate.us, https://yourstate.us/provision/1300519
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Credits towards deficiency in the case of default. 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. (Source: P.A. 100-416, eff. 1-1-18.)