Joliet — Ch. 9½ Art. II Real Estate Transactions § 9½-17

For the purposes of this article: (a)
Real property means any real estate, vacant land, building, or structure within the city limits.
(b) Commission means the Joliet Community Relations Commission created by Ordinance No. 5176, as amended ( Section 2-280 et seq.)
(b.1) City Council means the city council of Joliet, Illinois.
(c) Panel means any three 3) or more members of the commission as designated by the chairman of the housing division of the commission, or by the chairman or acting chairman of the commission.
(d) Lease includes sublease, assignment, and/or rental, and includes any contract to do any of the foregoing.
(e) Lending institution means any bank, insurance company, savings and loan association, or any other person in the business of lending money or guaranteeing loans, any person in the business of obtaining, arranging or negotiating loans or guarantees as agent or broker, and any person in the business of buying or selling loans or instruments for the payment of money which are secured by title to, or a security interest in, real estate.
(f) National origin includes the national origin of an ancestor.
(g) Owner means any person who holds legal or equitable title to, or owns any beneficial interest in, any real property, or who holds legal or equitable title to shares of, or holds any beneficial interest in, any real estate cooperative which owns any real property.
(h) Person includes one or more individuals, labor organizations, partnerships, associations, corporations, legal representatives, agents, mutual companies, joint stock companies, trusts, unincorporated organizations, public bodies, or public corporations, including, but not limited to, the City of Joliet or any department or unit thereof.
(i) Purchase includes any contract to purchase.
(j) Real estate broker means any person licensed as a real estate broker in accordance with the provisions of Chapter 114½, Illinois Revised Statutes, 1967, or required thereby to be so licensed.
(k) Real estate salesman means any person licensed as a real estate salesman in accordance with the provisions of Chapter 114½, Illinois Revised Statutes, 1967, or required thereby to be so licensed.
(l) Real estate agent means any real estate broker, any real estate salesman, or any other person who, as employee or agent or otherwise, engages in the management or operation of any real property.
(m) Real estate transaction means the purchase, sale, exchange, rental, or lease of any real property, or an option to do any of the foregoing.
(n) Sale includes any contract to sell, exchange, or to convey, transfer, or assign legal or equitable title to, or a beneficial interest in, real property.