Illinois Compiled Statutes > 765 ILCS 725 – Property Taxes of Noncitizen Landlords Act
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| § 765 ILCS 725/0.01 | Short title |
| § 765 ILCS 725/1 | No contract, agreement or lease in writing or by parol, by which any … |
Terms Used In Illinois Compiled Statutes > 765 ILCS 725 - Property Taxes of Noncitizen Landlords Act
- Contract: A legal written agreement that becomes binding when signed.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Legacy: A gift of property made by will.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14