17-120.Life estate or homestead.
Article XVII. Partition · Not amended since adoption on record · Last verified July 20, 2026
Full Text of 735 ILCS 5/17-120
Plain-English Summary
A partition sale can sweep in more than the fee interests being divided. With the written, filed consent of a party who holds an estate for life, for years, or of homestead in the whole or part of the premises, the court may sell that estate along with the rest. If the holder is incapable of consenting, the court itself weighs the interests of all parties and decides whether that estate should be excluded from the sale or sold with everything else.
When the lesser estate is sold, the section gives two ways to handle its value: pay it over in a lump sum, or invest the proportionate share of the funds and pay the income to the person entitled to it for as long as the estate would have continued.
Frequently Asked Questions
Can a court sell a life estate as part of a partition sale?
Yes, with the written consent of the person entitled to the life estate, filed in the partition proceeding.
What if the life or homestead estate holder can't give consent?
The court decides, considering the interests of all parties, whether that estate should be excluded from the sale or sold with the rest.
How must consent to sell a life or homestead estate be given?
In writing, signed by the person holding the estate, and filed in the court where the partition proceedings are pending.
How is a sold life estate's value paid to its holder?
Either as a lump sum, or by investing the proportionate share of the proceeds and paying the income to that person for as long as the estate would have lasted.
Does this section apply to homestead estates as well as life estates?
Yes. It covers an estate for life, for years, or of homestead, in the whole or any part of the premises.
Amendment History
(Source: P.A. 82-280.)