§ 35 ILCS 250/1 Short title
§ 35 ILCS 250/5 Public policy
§ 35 ILCS 250/10 Definitions
§ 35 ILCS 250/15 Deferral or exemption authority
§ 35 ILCS 250/20 Conditions of deferral or exemption
§ 35 ILCS 250/25 Retroactive application
§ 35 ILCS 250/99 This Act takes effect upon becoming law

Terms Used In Illinois Compiled Statutes > 35 ILCS 250 - Longtime Owner-Occupant Property Tax Relief Act

  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.