Current as of January 01, 2019 | Updated by FindLaw Staff
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§ 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.
Cite this article: FindLaw.com - Illinois Statutes Chapter 20. Executive Branch § 805/805-205. Acquiring real property subject to life estate - last updated January 01, 2019 | https://codes.findlaw.com/il/chapter-20-executive-branch/il-st-sect-20-805-805-205/
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