Ill. R. Cir. Ct. Lake Cnty. 6-1.03

As amended through September 23, 2024

Rule 6-1.03 - Appraisal for Receivers

A. Appraisers for receivers may be appointed only upon Order of Court or agreement of the parties with the approval of the Court. If appraisers are appointed, they shall be selected by the Court.

B. If no appraiser is appointed, the receiver shall investigate the value of the property subject to the receivership, and show in the inventory the value of the several items listed as disclosed by the investigation. No investigation of value or inventory is required in mortgage foreclosure cases except when ordered by the Court.

Ill. R. Cir. Ct. Lake Cnty. 6-1.03

Amended effective 10/24/2016.