Terms Used In Illinois Compiled Statutes 615 ILCS 50/11

  • Appraisal: A determination of property value.
  • Contract: A legal written agreement that becomes binding when signed.
     The Department of Natural Resources may contract for appraisal, legal, engineering, or other professional services which may be necessary, in the discretion of the Department, for the proper exercise of the duties and responsibilities prescribed by this Act.