Illinois Compiled Statutes 310 ILCS 50/2 – Definitions
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As used in this Act:
(a) “Property” means any residential real estate which has been continuously unoccupied by persons legally in possession for the preceding 1 year.
(b) “Nuisance” means any property which because of its physical condition or use is a public nuisance, or any property which constitutes a blight on the surrounding area, or any property which is not fit for human habitation under the applicable fire, building and housing codes. “Nuisance” also means any property on which any illegal activity involving controlled substances (as defined in the Illinois Controlled Substances Act), methamphetamine (as defined in the Methamphetamine Control and Community Protection Act), or cannabis (as defined in the Cannabis Control Act) takes place or any property on which any streetgang-related activity (as defined in the Illinois Streetgang Terrorism Omnibus Prevention Act) takes place.
(c) “Organization” means any Illinois corporation, agency, partnership, association, firm or other entity consisting of 2 or more persons organized and conducted on a not-for-profit basis with no personal profit inuring to anyone as a result of its operation which has among its purposes the improvement of housing.
(d) “Parties in interest” means any owner or owners of record, judgment creditor, tax purchaser, the applicable unit of local government where the property is located, or other party having any legal or equitable title or interest in the property.
(e) “Last known address” includes the address where the property is located, or the address as listed in the tax records or as listed pursuant to any owner’s registration ordinance duly adopted by a home rule unit of government.
(f) “Low or moderate income housing” means housing for persons and families with low or moderate incomes, provided that the income limits for such persons and families shall be the same as those established by rule by the Illinois Housing Development Authority in accordance with subsection (g) of Section 2 of the Illinois Housing Development Act, as amended.
(g) “Rehabilitation” means the process of improving the property, including, but not limited to, ensuring that the proposed improvements conform with a local government’s comprehensive plan or other planning policies and bringing property into compliance with the applicable unit of local government’s fire, housing, licensing, zoning, and building codes.
(a) “Property” means any residential real estate which has been continuously unoccupied by persons legally in possession for the preceding 1 year.
Terms Used In Illinois Compiled Statutes 310 ILCS 50/2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(b) “Nuisance” means any property which because of its physical condition or use is a public nuisance, or any property which constitutes a blight on the surrounding area, or any property which is not fit for human habitation under the applicable fire, building and housing codes. “Nuisance” also means any property on which any illegal activity involving controlled substances (as defined in the Illinois Controlled Substances Act), methamphetamine (as defined in the Methamphetamine Control and Community Protection Act), or cannabis (as defined in the Cannabis Control Act) takes place or any property on which any streetgang-related activity (as defined in the Illinois Streetgang Terrorism Omnibus Prevention Act) takes place.
(c) “Organization” means any Illinois corporation, agency, partnership, association, firm or other entity consisting of 2 or more persons organized and conducted on a not-for-profit basis with no personal profit inuring to anyone as a result of its operation which has among its purposes the improvement of housing.
(d) “Parties in interest” means any owner or owners of record, judgment creditor, tax purchaser, the applicable unit of local government where the property is located, or other party having any legal or equitable title or interest in the property.
(e) “Last known address” includes the address where the property is located, or the address as listed in the tax records or as listed pursuant to any owner’s registration ordinance duly adopted by a home rule unit of government.
(f) “Low or moderate income housing” means housing for persons and families with low or moderate incomes, provided that the income limits for such persons and families shall be the same as those established by rule by the Illinois Housing Development Authority in accordance with subsection (g) of Section 2 of the Illinois Housing Development Act, as amended.
(g) “Rehabilitation” means the process of improving the property, including, but not limited to, ensuring that the proposed improvements conform with a local government’s comprehensive plan or other planning policies and bringing property into compliance with the applicable unit of local government’s fire, housing, licensing, zoning, and building codes.