The division of property agreement refers to any agreement that joins two or more parties without marriage. Free online property management tools via the Owner Extranet Portal to help you manage your entire Section 8 portfolio.It consists of three parts: Part A: Contract Information, Part B: Body of Contract, and Part C: Tenancy Addendum. Like most other jurisdictions, Illinois is an equitable division state. Marital property must be divided equitably between the spouses. These requirements include the following: All written leases must contain the full names of all known occupants of the dwelling unit. Throughout the transaction you may receive more than one disclosure form. The law may require each agent assisting in the transaction to present you with this. The Cook County RTLO provides renters' rights and landlord protections to Cook County suburban residents. Our Skokie property division lawyers explain more about how these matters are handled in Cook County divorce proceedings.