South Holland — Ch. 8.5 Housing § 8.5-25
Application procedures
Operative Text
(a) Eligible persons shall apply to the plan by submitting the application for standard appraisal fee as determined by EAP. Upon receipt of the appraisal fee, the single-family residence of the applicant shall be appraised by a certified appraiser to determine the current appraised valuation of the residence. (b) A certificate of participation shall then be issued to the applicant certifying membership in the EAP and detailing the appraised valuation, the appraised valuation date, the address and description of the insured residence, and a summary of the coverages, conditions, and exclusions of this article.
South Holland's Ch. 8.5 Housing § 8.5-25 establishes a two-step enrollment process for the Equity Assurance Program (EAP). First, an eligible applicant pays a standard appraisal fee, after which a certified appraiser determines the current market value of the single-family residence. Once that appraisal is complete, the program issues a certificate of participation that documents the appraised value, the appraisal date, the property address, and a summary of the program's coverages, conditions, and exclusions.
Plain English — not legal advice.
Under South Holland Ch. 8.5 Housing § 8.5-25, property owners who wish to participate in the EAP generally ensure that the required appraisal fee is submitted along with a completed application. Compliant participants retain the certificate of participation once issued, as it serves as the official record of the appraised valuation and the terms of coverage. Keeping this certificate accessible is a standard practice, since it documents the baseline valuation and the specific conditions tied to the enrolled property.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
South Holland Ch. 8.5 Housing § 8.5-25 outlines the rights of eligible persons to enroll in the EAP by paying the standard appraisal fee and receiving a formal certificate of participation. That certificate is an important document, as it records the appraised value of the residence and summarizes the coverages, conditions, and exclusions that apply. Residents who have questions about eligibility, fee amounts, or the contents of their certificate may contact the EAP directly or reach out to a local housing or tenant-rights organization for general guidance.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 9, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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