When a Tenant Files a Chapter 7 Bankruptcy During a Commercial Real Estate TransactionBy Emily HolmesReal Estate Law, April 2021When representing an owner-seller or landlord in a commercial real estate transaction, during due diligence and prior to concluding attorney review and inspection contingencies, confirm the financial status of your client’s tenants before moving forward with the real estate transaction.
Luxury Condominium Mechanics Lien Issues in IllinoisBy Paul PetersonReal Estate Law, March 2021It may be time for title insurers to change how the mechanics lien risk in insuring luxury condominium unit sales is underwritten.
Newsletter Articles NeededReal Estate Law, March 2021A call for articles for the Real Property newsletter.
NoticeReal Estate Law, March 2021A notice regarding the moratorium on homeowner foreclosures and mortgage forbearance enrollment opportunities.
Luxury Condominium Mechanics Lien Issues in IllinoisBy Paul PetersonConstruction Law, February 2021It may be time for title insurers to change how the mechanics lien risk in insuring luxury condominium unit sales is underwritten.
NoticesReal Estate Law, February 2021Important notices for real estate practitioners.
Protecting the House From Nursing Home ExpensesBy William S. WilsonTrusts and Estates, February 2021The article explores several ways to protect the residence when the nursing home patient applies for nursing home Medicaid.
Case Summary: Mary Doherty v. Country Faire ConversionReal Estate Law, January 2021A summary and analysis of Mary Doherty v. Country Faire Conversion, LLC, which involved an LLC membership interest that was foreclosed on and the interest holder's rights afterward.
NoteReal Estate Law, January 2021A note regarding the interest rate on security deposits for rental properties in Chicago.
NoticeReal Estate Law, January 2021A notice regarding Cook County real estate tax bills.
Case SummariesBy Joseph R. FortunatoReal Estate Law, September 2020Summaries of two recent appellate cases of interest to real estate practitioners, Norman vs. U.S. Bank, NA and Burgoyne, LLC vs. Chicago Terminal Railroad Company, et al.
Protecting the House From Nursing Home ExpensesBy William S. WilsonReal Estate Law, September 2020The article explores several ways to protect the residence when the nursing home patient applies for nursing home Medicaid.
Luxury Condominium Mechanics Lien Issues in IllinoisBy Paul PetersonReal Estate Law, August 2020It may be time for title insurers to change how the mechanics lien risk in insuring luxury condominium unit sales is underwritten.
Case Note: Recent Illinois Appellate Court Analysis of Adverse PossessionBy Timothy HammersmithReal Estate Law, July 2020A recent appellate case, Christine Valenziano and C.J.W. Development Company v. Rachel L. Stewart f/k/a Rachel O’Connor, provides some good insight on issues surrounding claims for adverse possession.
Estate of Jezewski v. Jaworski: A Warning on Joint TenancyBy Thomas A. BallTrusts and Estates, July 2020Estate of Aniela Jezewski v. Elizabeth Jaworski and Kaziemerz Jaworski, which deals with the title to a house in Chicago, tells us that the presumption of tenancy in common and the four unities that defend the presumption still matter.
Practice Tip (Or Oops! I Just Stepped In…!)By Michael J. MaslankaReal Estate Law, July 2020Powers of attorney for closing-related purposes should probably be drafted with specific start and end dates and without the "revoke all prior powers of attorney" language.