Illinois Code § 20 ILCS 805/805-205

Acquiring real property subject to life estate.
Open in Lexace · Ask the AI about this section
(was 20 ILCS 805/63a29)

 
Sec. 805-205. 

Acquiring real property subject to life estate. 

The
Department has the power to acquire, for purposes authorized by
law, any real property
in fee simple subject to a life estate in the seller in not more than 3 acres
of the
real property acquired, subject to the restrictions that the life estate shall
be
used for residential purposes only and that it shall be non-transferable.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.