765 ILCS 905/5

in effect

(765 ILCS 905/5) (from Ch. 95, par. 55) Sec. 5. Every deed conveying real estate, which shall appear to have been intended only as a security in the nature of a mortgage, though it be an absolute conveyance in terms, shall be considered as a mortgage. (Source: Laws 1961, 1st Spec.Sess., p. 42.)

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026