Illinois Compiled Statutes 765 ILCS 905/3 – An instrument in writing which releases a mortgage or trust deed of …
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Terms Used In Illinois Compiled Statutes 765 ILCS 905/3
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
An instrument in writing which releases a mortgage or trust deed of real property may be acknowledged or proved in the same manner as deeds for the conveyance of land.