Illinois Compiled Statutes > 765 ILCS 820 – Cemetery Land Ownership and Transfer Act
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§ 765 ILCS 820/0.01 | Short title |
§ 765 ILCS 820/1 | All cemetery associations, or companies incorporated for cemetery … |
§ 765 ILCS 820/1a | Any such association or company may, if it so desires, convey … |
Terms Used In Illinois Compiled Statutes > 765 ILCS 820 - Cemetery Land Ownership and Transfer Act
- Ex officio: Literally, by virtue of one's office.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- Legacy: A gift of property made by will.
- 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.