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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 ...
The Illinois Department of Financial and Professional Regulation (IDFPR) is the Illinois state government code department [1] [2] that through its operational components, the Division of Banking, Division of Financial Institutions, Division of Professional Regulation, and Division of Real Estate, oversees the regulation and licensure of banks and financial institutions, real estate businesses ...
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1]
The Illinois Freedom of Information Act (FOIA / ˈ f ɔɪ j ə / FOY-yə), 5 ILCS 140/1 et seq., is an Illinois statute that grants to all persons the right to copy and inspect public records in the state.
An abstract of title is the condensed history of the title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property and a certification by the abstractor that the history is complete and accurate.
The Federal Records Act was created following the recommendations of the Hoover Commission (1947-49). [1] It implemented one of the reforms proposed by Emmett Leahy in his October 1948 report on Records Management in the United States Government, with the goal of ensuring that all federal departments and agencies had a program for records management.
Individual criminal histories are generally considered to be public records in the United States and are often accessed via criminal history background checks, but "access and use of FBI-maintained criminal history record information has been traditionally limited and controlled in large measure to protect the privacy of the individuals to whom ...
The Interstate Land Sales Full Disclosure Act of 1968 (ILSFDA or ILSA or "Act") was an act of Congress passed in 1968 to facilitate regulation of interstate land sales, to protect consumers from fraud and abuse in the sale or lease of land.