Illinois Statutes
§ 15-1214 — Real Estate Installment Contract
Illinois·Topic RIGHTS AND REMEDIES·Ch. 735 CIVIL PROCEDURE·Act 735 ILCS 5/ Code of Civil Procedure.·Art. Article XV - Mortgage Foreclosure
"Real estate installment contract" means any agreement or contract for a deed under which the purchase price is to be paid in installments with title to the real estate to be conveyed to the buyer upon payment of the purchase price or a specified portion thereof. For the purpose of this definition, an earnest money deposit shall not be considered an installment.
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Illinois § 15-1214 (Real Estate Installment Contract) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 84-1462.)
Nearby Sections
15
§ 15
Applicability§ 15-1101
Title§ 15-1102
Enforcement§ 15-1103
Jurisdiction§ 15-1104
Wrongful Inducement of Abandonment§ 15-1105
Interpretation§ 15-1106
Applicability of Article§ 15-1107
Mode of Procedure§ 15-1108
§ 15-1108§ 15-1200.5
Abandoned residential property§ 15-1200.7
Abandoned residential property; exceptions§ 15-1201
Agricultural Real Estate§ 15-1202.5
Dwelling unit