Sec. 805-205. Acquiring real property subject to life estate.
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/il/chapter-20/act-805/805-205·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.