270.03 DEFINITIONS.
   For purposes of this chapter:
   (a)   "Commission" means the City Human Relations Commission.
   (b)   "Commission panel" or "panel" means a panel, comprised of three or more members of the Commission, designated by the Chairperson of the Commission, to investigate and to attempt to conciliate a complaint filed or made under Section 270.11.
   (c)   "Lease" includes sublease, assignment and rental, and includes any contract to do any of the foregoing.
   (d)   "Lending institution" means any bank, insurance company, savings and loan association, 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 an 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.
   (e)   "National origin" includes the national origin of an ancestor.
   (f)   "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.
   (g)   "Person" means one or more individuals, corporations, partnerships, associations, legal representatives, mutual companies, unincorporated organizations, trusts, trustees, trustees in bankruptcy, receivers and fiduciaries.
   (h)   "Purchase" includes any contract to purchase.
   (i)   "Real estate agent" means any real estate broker, any real estate salesperson and any other person who, as employee, agent or otherwise, engages in the management or operations of any real property.
   (j)   "Real estate broker" means any person licensed as a real estate broker in accordance with the provisions of 225 ILCS 455/1 et seq., or required thereby to be so licensed.
   (k)   "Real estate salesperson" means any person licensed as a real estate salesperson in accordance with the provisions of 225 ILCS 455/1 et seq., or required thereby to be so licensed.
   (l)   "Real estate transaction" means the purchase, sale, exchange or lease of any real property, and an option to do any of the foregoing.
   (m)   "Real property" means any real estate, vacant land, building or structure within the City limits and includes lands, tenements and hereditaments and all legal and equitable rights and interests therein and thereto.
   (n)   "Sale" includes any contract to sell, exchange or convey, transfer or assign legal or equitable title to, or a beneficial interest in, real property.
(Ord. 2024-09. Passed 3-18–24.)