Allows tenants in common to seek legal ownership of inherited property if they meet specific conditions.
Illinois HB4896 amends the Code of Civil Procedure to establish a process for tenants in common who have inherited real property under the intestate provisions of the Probate Act of 1975 to obtain legal title. To qualify, the petitioners must have been in actual possession for seven years and paid all taxes on the property during that time. They must file a signed declaration with the recorder of deeds at least two years before commencing an action, send notice to any other owners, and publish a notice in a local newspaper.
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