For the purpose of this chapter, the following words and terms shall have the meanings ascribed to them in this section:
DWELLING: Any building or structure, or portion thereof, within the City, which is arranged, designed or used as a home, residence or living quarters of one or more individuals.
HOUSING: Includes any building or structure, or portion thereof, within the City, which is used or occupied or is intended, arranged or designed to be used or occupied as a home, residence or living quarters of one or more individuals, groups or families, and includes any vacant land within the City which is zoned and intended to be used for the construction of any such building or structure.
LEASE: Includes sublease, assignment, and rent (or rental), and includes any contract to do any of the foregoing.
LENDING INSTITUTION: Any bank, insurance company, savings and loan association, other person in 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 a security interest in real estate, but shall not include any religious institution or organization or any charitable or educational organization operated, supervised or controlled by a religious institution or organization.
NATIONAL ORIGIN: Includes the national origin of an ancestor.
OWNER: Any person who holds legal or equitable title to, or owns any beneficial interest in, any dwelling or housing, or who holds legal or equitable title to shares of, or holds any beneficial interest in, any real estate cooperative which owns any dwelling or housing. The term does not include the City.
PERSON: Includes one or more individuals, corporations, partnerships, associations, legal representatives, mutual companies, unincorporated organizations, trusts, trustees, trustees in bankruptcy, receivers and fiduciaries. The term does not include the City.
PURCHASE: Includes any contract to purchase.
REAL ESTATE AGENT: Any real estate broker, any real estate salesman, and any other person who, as employee or agent or otherwise, engages in the management or operation of any dwelling or housing.
REAL ESTATE BROKER: Any person licensed as a real estate broker in accordance with the provisions of 225 Illinois Compiled Statutes 454/1-1 et seq., or required thereby to be so licensed.
REAL ESTATE SALESMAN: Any person licensed as a real estate salesman in accordance with the provisions of 225 Illinois Compiled Statutes 454/1-1 et seq., or required thereby to be so licensed.
REAL ESTATE TRANSACTION: The purchase, sale, exchange or lease of any dwelling or housing, and an option to do any of the foregoing.
SALE: Includes any contract to sell or exchange or to convey, transfer or assign legal or equitable title to or a beneficial interest in real estate. (Ord. 1996-2, 3-11-1996; amd. 2018 Code)