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In the United States, a split estate is an estate where the property rights to the surface and the underground are split between two parties. It is the result of Homestead Acts such as the Alaska Native Claims Settlement Act (1971) or the Stock-Raising Homestead Act (1916). [ 1 ]
A map of the 77 community areas, broken down by purported regions. While the areas have official use and definition, the color groupings are unofficial, and such "regions" may be defined differently, grouped differently, or not be used at all. The city of Chicago is divided into 77 community areas for statistical and planning purposes.
In 1989, area code 708 was created for all of the suburbs in the Chicago metropolitan area while the city of Chicago kept the original 312. Area codes 847 (northern suburbs) and 630 (western suburbs) were created from a split of suburban area code 708 in 1996. Shortly after in 1996, area code 773 was created for the residential parts of the ...
The intersections of North Ave, Damen and Milwaukee in 2010 in Wicker Park Wrigley Field, from which Wrigleyville gets its name, is home to the Chicago Cubs baseball team. There are 178 official neighborhoods in Chicago. [1] Neighborhood names and identities have evolved due to real estate development and changing demographics. [2]
A unit of real estate or immovable property is limited by a legal boundary (sometimes also referred to as a property line, lot line or bounds). The boundary (in Latin: limes ) may appear as a discontinuation in the terrain: a ditch, a bank, a hedge, a wall, or similar, but essentially, a legal boundary is a conceptual entity, a social construct ...
A partition is a term used in the law of real property to describe an act, by a court order or otherwise, to divide up a concurrent estate into separate portions representing the proportionate interests of the owners of property. [1]
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.
Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...
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