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Limitation of liability.

Municipal Code of Chicago § 14X-12-1205.8
in effect
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14X-12-1205.8 Limitation of liability. To the extent allowed by law, a mortgagee’s acts or omissions required by Section 14X-12-1205 will not subject the mortgagee to civil or criminal liability unless the act or omission constitutes gross negligence or willful, wanton, or intentional misconduct. This provision does not waive the requirement to obtain permits or trade licenses for performing certain work required under Section 14X-12-1205, as otherwise required by the Municipal Code, or the penalties provided for failure to do so.
Source: City of Chicago, Municipal Code of Chicago (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/chicago/latest/chicago_il/0-0-0-2676632Fetched: 10/24/2026

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14X-12-1205.8 | Corpus