Illinois Compiled Statutes 765 ILCS 915/0.01 – Short title
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Terms Used In Illinois Compiled Statutes 765 ILCS 915/0.01
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
This Act may be cited as the Mortgage Tax Escrow Act.