Case Summary: Findlay v. Chicago Title Insurance Co.By Kevin Camden & Richard W. RappoldReal Estate Law, November 2022Findlay v. Chicago Title Insurance Co. deals with the obligations of a title insurer to its insured, negligence, and malpractice.
Effect of Judgment Lien on Death of Joint TenantBy Emily R. VivianCommercial Banking, Collections, and Bankruptcy, November 2022The appellate court recently held that because a joint tenant’s interest in property terminates upon his death, a judgment lienholder cannot foreclose the judgment lien against such property after the joint tenant’s death.
Effect of Judgment Lien on Death of Joint TenantBy Emily R. VivianReal Estate Law, October 2022The appellate court recently held that because a joint tenant’s interest in property terminates upon his death, a judgment lienholder cannot foreclose the judgment lien against such property after the joint tenant’s death.
A Refresher on the Safe Homes Act Regarding Domestic ViolenceBy Nicky SonntagReal Estate Law, October 2022The Safe Homes Act was enacted to help address domestic violence, sexual abuse, dating violence, sexual assault, and stalking and includes provisions that require landlords to change locks on the premises in the case of domestic violence if the tenant provides the required notice and documentation.
RemindersReal Estate Law, October 2022Important reminders for real estate practitioners.
Attack on Olympus: The Rise of FIRPTABy Donald Hyun Kiolbassa & Neil NodenReal Estate Law, September 2022An overview of the Foreign Investment In Real Property Tax Act of 1980.
Case Summary: Marol State, LLC v. Everlane, Inc.By Daniel HuntleyReal Estate Law, September 2022In Marol State, LLC v. Everlane, Inc.,the court considered whether a landlord, having sold a commercial real estate building, was still entitled to recover from a defaulting former tenant the difference between the lease’s future rental income stream and the property’s reasonable rental value.
Nonnavigable Rivers and Streams in Illinois: Illinois Supreme Court PuntsBy Michael J. RooneyReal Estate Law, August 2022The Illinois Supreme Court recently issued its opinion in the case of Holm v. Kodat, which involved issues concerning the use of nonnavigable rivers and streams in Illinois.
Haven’t Got a C.L.U.E.?By Philip J. VaccoReal Estate Law, July 2022There are several situations in which a buyer may be ineligible to secure homeowner's coverage, which can derail a real estate transaction quickly.
Quick Overview of the City of Chicago’s New Cooling OrdinanceBy Nicky SonntagReal Estate Law, July 2022In response to the tragic heat-related deaths of three residents of a senior apartment building in Rogers Park on May 14, 2022, the Chicago City Council enacted on June 22, 2022, new cooling and dehumidification requirements for some existing residential occupancies and certain new construction.
From the ChairBy Michael J. MaslankaReal Estate Law, June 2022A note from the outgoing chair.
Settlement Agreement Signed in the IRELA v. IDFPR CaseBy Michael J. RooneyReal Estate Law, June 2022IRELA performed an important service when it stepped up to challenge IDFPR after it exceeded its statutory authority to regulate the title insurance industry and interfered in the client-attorney relationship that is governed by the Illinois Supreme Court.
Let’s Review, Shall We?By Michael J. RooneyReal Estate Law, May 2022A look at the lawyers whose participation in representing clients in real estate transactions is limited to drafting the deed and preparing the relevant real estate tax forms.
The Condominium Act Does Not Specifically Authorize all Authority for an HOA BoardBy Kadijah HallReal Estate Law, April 2022A group of displeased condominium unit owners brought suit against their homeowners association board seeking declaratory and other relief against the association and its board of managers, claiming that the board's activities surrounding the investigation and negotiations of a proposed bulk sale of the condominium units violated sections 15 and 19 of the Condominium Property Act.
A Three-PointerBy Michael J. MaslankaReal Estate Law, April 2022Three points of interest for real estate practitioners.
The Value of the Transactional AttorneyBy Cameron LythbergReal Estate Law, April 2022All too often, it seems the general public does not understand the value of the transactional attorney.
Condominium Board and Bulk SalesBy Sherwin D. AbramsReal Estate Law, March 2022A summary and analysis of Glazer v. Private Residences at Ontario Place Condo. Ass'n, which involved a proposed bulk sale of all residential and parking units in a condominium in Chicago.
A Failed Tenancy by the Entirety Becomes What?By Michael J. RooneyTrusts and Estates, March 2022In a case of first impression in Illinois, an appellate court considered how a married couple hold title to real property when a conveyance to them as tenants by the entirety fails to create that estate and one of the grantees then dies.