Illinois Condominium Deconversion: An OverviewBy R. Kymn HarpReal Estate Law, November 2019An overview of condominium deconversion, a colloquial term referring to the process of removing property from the provisions of the Illinois Condominium Property Act.
Land Trusts, Deeds, and Chain of Title IssuesBy Richard W. RappoldReal Estate Law, November 2019A case summary of Alward v. Jacob Holding of Ontario L.L.C., et al., a case that reinforced two fundamental rules of Illinois real estate law.
Property Disclosure Checklist AlertBy Michael J. MaslankaReal Estate Law, November 2019Various entites and sellers are statutorily exempt from having to complete the residential real property disclosure checklist.
Cook County Recorder of Deeds Rejects Transfer on Death InstrumentsReal Estate Law, October 2019Recently, the Cook County Recorder of Deeds has been rejecting proffered Transfer on Death Instruments unless the document contains both the document number of the last duly recorded deed and the date of that recording.
Cook County Board Passes Just Housing OrdinanceBy Adrian P. ZenoReal Estate Law, August 2019The Cook County Board of Commissioners passed an amendment to the human relations code to assist the formerly incarcerated with equal access to housing.
Lessons in Interpretation of Covenants and RestrictionsBy Kim CaseyReal Estate Law, August 2019In Standlee v. Bostedt, the appellate court addressed the proper construction of seemingly contradictory provisions of a declaration of covenants and restrictions when addressing claims attempting to enforce those restrictions in a residential subdivision.
Kroot v. Chan: The Residential Real Property Disclosure Act revisitedBy Michael J. MaslankaReal Estate Law, July 2019In Kroot v. Chan, plaintiffs alleged that the defendants violated the Residential Real Property Disclosure Act and committed common law fraud in the sale of their Chicago property.
Seventh circuit gets it right—Meaningless data or actionable information?By Michael RooneyReal Estate Law, July 2019In United States v. Z Investment Properties, LLC, the courtaddressed the question of whether a recorded federal tax lien constituted constructive notice due to an incorrect spelling of the first name of the taxpayer against whom the lien was filed.
Multi-Board Contract 7.0 – Handling cash transactionsBy Ralph J. SchumannReal Estate Law, March 2019The recently-released 7.0 version of the Multi-Board Contract aims to reduce confusion and promote smoother closings.
2019: Year of eClosings?By Summer ChanceReal Estate Law, February 2019A look at the real estate industry's market trends and potential disrupters for 2019.
The ‘Multi-Board Residential Real Estate Contract 7.0’By Philip J. VaccoReal Estate Law, February 2019The new version of the Multi-Board Residential Real Estate Contract includes significant changes that real estate attorneys need to be aware of to expertly guide their clients through the transactional real estate process.
MyDec to be required for all Cook County conveyancesReal Estate Law, February 2019Effective January 21, 2019, prior to recording, all Cook County property conveyance instruments must be accompanied by an electronically-completed Cook County Real Estate Transfer Tax Declaration.
Does the term “sidewalk” encompass a private walkway?By Emily R. VivianReal Estate Law, January 2019A summary of Hussey v. Chase Manor Condominium Ass’n, which addresses whether an informal pathway behind a condominium building is considered a “sidewalk” under the immunity provisions of the Snow and Ice Removal Act.
The effect of an order declaring heirshipBy Paul PetersonTrusts and Estates, January 2019The Cook County Recorder of Deeds indicated on November 5 that it is not going to record heirship deeds or affidavits of heirship unless they are accompanied by an order declaring heirship. This article focuses on the effects of this procedure.
