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In Cook County, which includes Chicago and its suburbs, property taxes are due twice a year. Taxes not paid by the first due date in March are considered "delinquent," and interest begins to accrue.
(The Center Square) – The Chicago City Council on Monday approved a new budget without a property-tax increase, but many aldermen say the mayor still needs to cut spending. The council voted 27 ...
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
Darryl Lloyd wasn’t prepared to receive a property tax bill of more than $30,000 this year — a whopping 1,567% hike from last year’s bill of $1,800.
Treasure trove is property that consists of coins or currency hidden by the owner. To be considered treasure trove and not mislaid property, the property must have been deliberately hidden or concealed, and sufficiently long ago that the original owner can be considered dead or not discoverable. For example, under historic English law, one ...
A pledge is a bailment that conveys title to property owned by a debtor (the pledgor) to a creditor (the pledgee) to secure repayment for some debt or obligation and to the mutual benefit of both parties. [1] [2] The term is also used to denote the property which constitutes the security. [3] The pledge is a type of security interest.
The first Code of Chicago was adopted in 1837. [3] The current Code, adopted 28 February 1990, wholly replaced and renumbered the previous Code adopted 30 August 1939. [3] [4] It is the responsibility of the City Clerk of Chicago to maintain a current copy of the Code, [5] and revisions to the Code must be published at least every six months. [6]
Although property rights are typically state rights, there is ample precedent for federal preemption of property rights in general, and rights and obligations imposed on real property by means of covenants and deed restrictions in particular. In the late seventies satellite dishes began to appear with increasing frequency.