[Ord. 286, 11-6-1989]
For purposes of this chapter:
DWELLINGAny 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.
HOUSINGIncludes 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 the 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.
LEASEIncludes sublease, assignment, and rent (or rental), and includes any contract to do any of the foregoing.
LENDING INSTITUTIONAny 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 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 nor any charitable or educational organization operated, supervised or controlled by a religious institution or organization.
OWNERAny 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.
PERSONIncludes one or more individuals, corporations, partnerships, associations, legal representatives, mutual companies, unincorporated organizations, trusts, trustees, trustees in bankruptcy, receivers and fiduciaries.
PURCHASEIncludes any contract to purchase.
REAL ESTATE AGENTAny 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 BROKERAny person licensed as a real estate broker in accordance with the provisions of 225 Illinois Compiled Statutes, or required thereby to be so licensed.
REAL ESTATE SALESMANAny person licensed as a real estate salesman in accordance with the provisions of 225 Illinois Compiled Statutes, or required thereby to be so licensed.
REAL ESTATE TRANSACTIONThe purchase, sale, exchange or lease of any dwelling or housing, and an option to do any of the foregoing.
SALEIncludes any contract to sell, exchange or to convey, transfer or assign legal or equitable title to or a beneficial interest in real estate.