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(35 ILCS 200/21-285)
Sec. 21-285.
Tax scavenger sale fraud; definitions.
For purposes of Section
21-290:
(1) "Ownership interest" means any title or other |
| interest in property, including without limitation any beneficial interest in a land trust, the holder of which is considered to be the owner of the property for purposes of taxation under Section 9-175.
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(2) "Nonownership interest" means any interest in
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| real property other than a contingent interest and other than an ownership interest as defined in this Section, including without limitation a mortgage, equitable mortgage or other interest in the nature of a mortgage, leasehold, easement, or lien.
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(3) "Real property" has the same meaning as defined
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| in Section 1-130, and includes leasehold estates subject to taxation as property under Section 9-195.
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(4) "Beneficial interest" and "land trust" have the
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| meanings given to those terms in the Land Trust Beneficial Interest Disclosure Act.
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(Source: P.A. 86-949; 88-455.)
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