205 ILCS 205/1007.10

205 ILCS 205/1007.10
in effect
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(205 ILCS 205/1007.10) (from Ch. 17, par. 7301-7.10) Sec. 1007.10. "Appraisal" means a professionally derived written conclusion of the value of the present worth of specified interests or rights in a specific piece of real property, which conclusion is supported by stipulated market conditions and explicitly stated assumptions as of a particular point in time and made for a specified party. (Source: P.A. 86-1213.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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