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12-134.Bid at more than redemption money.

Article XII. Judgments - Enforcement · Part 1. In General · Not amended since adoption on record · Last verified July 20, 2026

In one sentenceWhen a resale after a creditor's redemption brings a higher bid than the redemption money, interest, and costs, Section 12-134 applies the excess to the underlying judgment and gives the new purchaser a certificate of purchase good for a deed in 60 days, unless someone redeems again first.

Full Text of 735 ILCS 5/12-134

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If at any sale held pursuant to Section 12-132 of this Act, a greater amount is bid and the premises sold for more than the amount of such redemption money, interest and costs, the excess shall be applied on the judgment under which the redemption was made; and a certificate of the purchase shall be delivered to the new purchaser in like form and manner as upon the first sale, for a deed of the premises so sold, in 60 days from the date of such sale, unless the same are redeemed before the expiration of that time, by some other judgment creditor, his or her heirs, executors, administrators or assigns, or by any defendant, his or her heirs, executors, administrators, assigns, or any person interested in the premises through or under the defendant, as provided in Section 12-137 of this Act.

Plain-English Summary

This section covers what happens when the resale under Section 12-132 draws a bid higher than the redemption amount described in Section 12-133. The extra money above the redemption money, interest, and costs doesn't go to the redeeming creditor; it applies to the judgment under which the redemption was made.

The new, higher bidder gets a certificate of purchase in the same form used at the first sale, and is entitled to a deed 60 days from the date of that resale. That 60-day period is a further redemption window: another judgment creditor, or the defendant, or an heir, executor, administrator, assign, or anyone interested in the premises through the defendant can redeem before the 60 days run, as Section 12-137 describes.

Section 12-135 continues this pattern for any later rounds, so a single property can pass through several cycles of redemption and resale before anyone gets a deed.

Frequently Asked Questions

What happens to resale proceeds above the redemption amount?

The excess is applied on the judgment under which the redemption was made.

How long does the new purchaser wait before getting a deed?

60 days from the date of the resale, unless the premises are redeemed before that time expires.

Who can redeem during that 60-day window?

Another judgment creditor, or the defendant, or the defendant's heirs, executors, administrators, assigns, or anyone interested in the premises through the defendant, as provided in Section 12-137.

Is this the same sale as the original judgment sale?

No. It's the resale that follows a judgment creditor's redemption under Section 12-132.

What instrument does the new purchaser receive?

A certificate of purchase, in like form and manner as at the first sale.

Amendment History

(Source: P.A. 83-707.)

Source & verification. Section text and amendment history are reproduced verbatim from the Illinois Compiled Statutes, published by the Illinois Compiled Statutes, Illinois General Assembly / Legislative Reference Bureau. Last verified July 20, 2026. · Official source
Also known as: excess bid redemption illinois60 day redemption illinois judgment salecertificate of purchase after resale illinois