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Real Estate Law

  • October 20, 2014 | CLE
    CLE: Real Estate Law Update – 2014

    Stay up to date on current developments and trends in the real estate law arena with this full day seminar in Lombard on October 30th! Real estate attorneys and general practitioners with intermediate practice experience who attend this program will better understand: the recent case law developments and real estate-legislation that can impact your client; the ethical issues confronting you and your practice; the real estate acquisition and development issues that can arise in a recovering market; the new Loan Disclosure form and Closing Disclosure form; and zoning considerations.

    The seminar is presented by the ISBA Real Estate Law Section and qualifies for 5.50 hours MCLE credit, including 1.0 hour approved Professional Responsibility MCLE credit.

    Click here for more information and to register.

  • October 8, 2013 | CLE
    CLE: Real Estate Law Update – 2013

    It is important that attorneys working in the real estate arena keep abreast of the ongoing changes and developments taking place in this important field of practice. Join us in Lombard on Oct. 31 for an update on the recently-enacted real estate-related legislation and current case law that will impact your practice! Real estate lawyers, transactional attorneys, and commercial banking/bankruptcy practitioners – with basic to intermediate practice experience – attending this program will better understand: the real estate issues that can arise during the dissolution of a marriage; the economic development incentives being offered by municipalities throughout Illinois; how the landmark Cypress Creek case has affected lien disputes; important tax issues that can affect real estate transactions; the ethical and malpractice issues to consider when representing a client during a real estate case; and much more!

    The seminar is presented by the ISBA Real Estate Law Section and qualifies for 6.0 hours MCLE credit, including 1.0 hour Professional Responsibility MCLE credit (subject to approval).

    Click here for more information and to register.

  • September 23, 2013 | CLE
    CLE: Real Estate Law Update – 2013

    Join us in Normal on Oct. 17 to update your knowledge on the recently-enacted real estate-related legislation and current case law that will impact your practice! It is important that attorneys working in the real estate arena keep abreast of the ongoing changes and developments taking place in this important field of practice. Real estate lawyers, transactional attorneys, and commercial banking/bankruptcy practitioners – with basic to intermediate practice experience – attending this program will better understand: the real estate issues that can arise during the dissolution of a marriage; the economic development incentives being offered by municipalities throughout Illinois; how the landmark Cypress Creek case has affected lien disputes; important tax issues that can affect real estate transactions; the ethical and malpractice issues to consider when representing a client during a real estate case; and much more!

    The program is presented by the ISBA Real Estate Law Section and qualifies for 6.0 hours MCLE credit, including 1.0 hour Professional Responsibility MCLE credit (subject to approval).

    Click here for more information and to register.

  • August 14, 2013 | Practice News
    Aiding Illinois consumers victimized in mortgage rescue scams

    "With the rapid rise and fall of the housing market, Illinois has seen tremendous growth in the number of mortgage rescue services being offered to consumers who are delinquent on their mortgage payments and/or are at risk of foreclosure. Unfortunately, fraudsters have used these services to cheat consumers out of money and ownership and equity in their home," Jennifer D. Franklin of SIU School of Law writes in her excellent article on the Mortgage Rescue Fraud Act. The piece appears in the latest ISBA Commercial Banking, Collections, and Bankruptcy newsletter.

    What kind of scams? Well, there's the consultant scam, where "for a large upfront fee the distressed property 'consultant' promises to buy time for the consumer and save the home by negotiating deals with their lenders," Franklin writes. These so-called consultants "often take the consumer’s money and fail to perform any services, thus leaving the consumer worse off then before."

    The article offers great advice about how to use the Act to help your consumer clients recover from fraud perpetrators. Read it.

  • May 4, 2012 | CLE
    CLE: Real Estate Tax Protests and Bankruptcy Essentials

    Get the tools you need to effectively handle real estate tax protests and resolve bankruptcy issues in real estate transactions with this informative program in Lombard on May 11th! Topics include: understanding the real estate tax bill; learning to deal with the tax assessor; how to file a real estate tax appeal; bankruptcy filing requirements and procedures; executory real estate contracts; the Bankruptcy Code’s Automatic Stay; and recent case law in bankruptcy cases involving real estate.

    The program is presented by the ISBA Real Estate Law Section and co-sponsored by the ISBA Commercial Banking, Collections, and Bankruptcy Section. The program qualifies for 6.0 hours of MCLE credit.

    Click here for more information and to register.

    Can’t attend the live program in Lombard?Visit http://isba.fastcle.com for access to the online recorded version of this program approximately 6 weeks after the program.

  • April 7, 2011 | Practice News
    Real estate lawyers: don't wait till the closing to collect your retainer
    Colleen Sahlas won't give you a single good reason to get paid up front -- she'll give you five good reasons. Here's one, from her article in the latest ISBA Real Property newsletter: "You could potentially delay your clients’ closing by 3 days or more if your attorney fee increases the buyer’s annual percentage rate by 0.125% or more as reflected on the Truth-in-Lending disclosure. The lender must incorporate all charges which will be on the HUD-1 at closing. That includes your attorney fee." Read the other four.
  • March 30, 2010 | Practice News
    Looking at recent real estate laws
    As the Legislature cooks up a new batch of laws, it's a good time to look at the many that took effect after the last session. In the latest Real Property newsletter, Jim Weston offers this review of recent Illinois acts that bear on real estate practice.