Illinois Compiled Statutes > 110 ILCS 923 – Child Welfare Student Loan Forgiveness Act
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Terms Used In Illinois Compiled Statutes > 110 ILCS 923 - Child Welfare Student Loan Forgiveness Act
- 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.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.