Legal Question in Real Estate Law in Illinois

land trusts

are land trusts subject to partitioning?


Asked on 3/29/07, 2:03 pm

1 Answer from Attorneys
Joseph Michelotti Michelotti & Associates, Ltd.

Re: land trusts

great question.

Normally no.

There is caselaw that says in a commercial venture, If, and only if there is a deadlock, yes.

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Answered on 3/29/07, 2:17 pm


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