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The two companies had been established in order to purchase land from Native Americans in the Illinois Country, a region of North America acquired by Great Britain in 1763. The Illinois Company purchased two large tracts of land in 1773; the Wabash Company purchased two additional tracts in 1775.
The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the ...
Download as PDF; Printable version; In other projects Wikimedia Commons; Wikidata item; ... Pages in category "Landforms of Illinois" The following 13 pages are in ...
English: Combines elements of a traditional rental agreement with an exclusive right of first refusal option for later purchase on the home. It is a shortened name for Lease with Option to Purchase Contract.
Hudson was created by the Illinois Land Association, who developed it as what was then called a colony. Colonial schemes such as this were popular in the 1830s. Rather than settlers migrating individually and buying land on their own, participants in a colony would band together, pool their money, and appoint a committee to select a large tract ...
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