Acquiring Agricultural Land: The Illinois Landlord's Lien: Securing Agricultural Rent
The Illinois Landlordís Lien: Securing Agricultural Rent Payments after August 21, 2002
On August 21, 2002 Illinois Public Act 92-819 became effective. It amends the Illinois Landlord's Lien Upon Crops statute by eliminating the requirement to file Form UCC1 with the Secretary of State in order to have a priority lien. This article discusses use of the Landlord's Lien after August 21, 2002. Included are examples and a form for giving notice to prospective purchasers of the crop. Landowners may want to discuss the Landlord's Lien statute, and other strategies for assuring the payment of rent, with a practicing attorney.
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