(735 ILCS 5/12-105)
(from Ch. 110, par. 12-105)
Definition of "real estate".
The term "real estate,"
when used in Part 1 of Article XII of this Act includes
lands, tenements, hereditaments, and all legal and equitable rights and
interests therein and thereto, including estates for the life of the
debtor or of another person, and estates for years, and leasehold
estates, when the unexpired term exceeds 5 years.
(Source: P.A. 82-280.)