The Illinois Waiver of Right to Protest is a document that grants the state of Illinois the right to assess a property owner’s tax liability without the property owner having the right to contest the assessment. This waiver is typically used when a property owner enters into an agreement with the state to pay a certain amount of taxes on the property in lieu of a normal assessment. The Illinois Waiver of Right to Protest can take two forms: voluntary or involuntary. A voluntary waiver occurs when the property owner voluntarily agrees to the assessment and waives their right to protest. An involuntary waiver happens when the property owner does not voluntarily agree to the assessment and the state must use its authority to force the property owner to accept the assessment and waive their right to protest. By signing the Illinois Waiver of Right to Protest, the property owner is giving up their right to appeal the assessment and is legally bound to pay the taxes determined by the state. It is important to note that this waiver does not guarantee that the assessment is correct or fair, but simply that the property owner must accept the assessment and pay the taxes as determined by the state.