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Financial Services Law Insights and Observations

Illinois issues executive order regarding evictions

State Issues Covid-19 Illinois Evictions Mortgages

State Issues

On April 23, the Illinois governor issued an executive order prohibiting residential evictions, with certain limited exceptions. Law enforcement officers in Illinois are also instructed to cease enforcement of orders of eviction for certain non-residential premises. The executive order does not relieve an individual or entity of an obligation to pay rent or comply with any other obligation in the lease or rental agreement. The executive order will remain in effect for the duration of the gubernatorial disaster proclamations.