Illinois Compiled Statutes > 70 ILCS 1285 – Park Commissioners Federal Government Conveyance Act
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§ 70 ILCS 1285/0.01 | Short title |
§ 70 ILCS 1285/1 | In addition to the powers and authority now possessed by them, the … |
Terms Used In Illinois Compiled Statutes > 70 ILCS 1285 - Park Commissioners Federal Government Conveyance Act
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Personal property: All property that is not real property.