On November 20, 2000, the Illinois Department of Revenue (department) adopted amendments to section 530 of the Illinois Administrative Code. 86 Ill Adm Code 530.
On July 28, 2000, the Illinois Office of Banks and Real Estate adopted new sections to section 325 of the Illinois Administrative Code. 38 Ill Adm Code 325.
On May 30, 2000, the Illinois Department of Insurance adopted emergency amendments to section 202 of the Illinois Administrative Code. 50 Ill Adm Code 202.
In May 1995, plaintiff, Premier Property Management, Inc., sued Chavez in a separate lawsuit. In July 1996, Chavez conveyed his interest as sole owner of his home to himself and his wife as tenants by the entirety.
On December 9, 1999, the Illinois Department of Revenue adopted a new section to section 120.5 of the Illinois Administrative Code. 86 Ill Adm Code 120.
This article discusses a Rule 23 opinion holding that a nonassignability clause in a lease does not prohibit the tenant's collateral assignment of its interest as security for a loan.
On May 20, 1999, the Illinois Supreme Court held that the appellate court properly affirmed the circuit court's dismissal of the plaintiff's claim that the implied warranty of habitability extended to a clubhouse in a residential development.
Now lawyers can conduct real estate closings and distribute checks before the buyer's check has cleared, putting them on a level field with title companies and lenders.
On December 31, 1998, the Illinois Supreme Court disagreed with the appellate court when it held that the owner of record title who has no legal or equitable interest has no right to redeem, but affirmed the appellate court on different grounds.
On November 16, 1998, the Department of Central Management Services, the agency that leases or acquires property for all state agencies or authorities, enacted amendments and new provisions into section 5000 of its administrative rules. 44 Ill Adm Code 5000.
