(765 ILCS 5/7) (from Ch. 30, par. 6)
Sec. 7.
If any person shall sell and convey to another, by deed or
conveyance, purporting to convey an estate in fee simple absolute, in any
tract of land or real estate, lying and being in this state, not then being
possessed of the legal estate or interest therein at the time of the sale
and conveyance, but after such sale and conveyance the vendor shall become
possessed of and confirmed in the legal estate to the land or real estate
so sold and conveyed, it shall be taken and held to be in trust and for the
use of the grantee or vendee; and the conveyance aforesaid shall be held
and taken, and shall be as valid as if the grantor or vendor had the legal
estate or interest, at the time of said sale or conveyance.
(Source: Laws 1871-2, p. 282.)
|