Under Illinois. law (755 ILCS 5/11a-3), if a petition is filed by a reputable person or the disabled person. themself, a court may find by clear and convincing evidence that an adult is disabled (see. definition page) and appoint a guardian to represent the disabled adultâs person and or their estate.
I can't give a legal definition not being a lawyer. So here is Wikipedia's: A person's primary residence, or main residence is the dwelling where they usually live, typically a house or an apartment. A person can only have one primary residence at any given time, though they may share the residence with other people. A primary residence is considered as a legal residence for the purpose of income tax and/or acquiring a mortgage. Criteria for a primary residence consist mostly of guidelines rather than hard rules, and residential status is often determined on a case-by-case basis. Tim
Main Residence. In the mortgage world you can only have one main residence. While some people are fortunate enough to have a second home or holiday home, they will not be classed as a main residence. So, if you are looking for a second mortgage on 'residential rates' you may only have one such mortgage.Residential mortgages are the cheapest mortgage available but will depend on the amount of equity or deposit you have (referred to as LTV or Loan to Value). A lower LTV achieves a lower mortgage rate.LTV's can go to a maximum of 95% although very few lenders now operate at this level.he rate will vary between lenders but might be the rate at which the mortgage is charged or a fixed rate (say 6%). You will also have to put down about 25% deposit. If you're buying properties with good rental income then you could have as many buy to lets as you have 25% deposits.