Illinois Appellate Court Bolsters a Mortgagee’s Right to Install a Receiver
An Illinois appellate court case, decided on February 10, 2010, gives mortgagees a definite advantage when they attempt to install
Relieving Realty Stress: Advantages of Working with a Chicago Real Estate Attorney
Purchasing or leasing real estate can be one of the most significant events in a person’s life. It also can
Integrated Residential Mortgage Disclosure Rules
On October 3, 2015, new regulations promulgated by the Consumer Financial Protection Bureau (CFPB), a governmental agency created under the
Getting the Most Out of Lease Negotiations
As vacancy rates for commercial office space continue to decrease, many businesses lose substantial bargaining power when negotiating a new
Should I Purchase a Property Subject to IRS Tax Lien?
Considering buying a property subject to an IRS tax lien at judicial sale? Before you bid, you should confirm whether
commercial-real-estate-loans-due-diligence-101
Lenders making commercial real estate loans in the Chicago market face harsh competition in terms and pricing and often have
Sale of Delinquent Tax Certificates Leads to Fraudulent Transfer Decision
On January 20, 2016, the 7th Circuit issued a decision that can affect any purchaser of delinquent tax certificates in
Which Survey Is Right For Me ?
Property owners, lenders and title companies frequently rely on surveys to evaluate potential risks and benefits in connection with real
To License or To Lease?
There may be situations where commercial property owners can eliminate the traditional landlord-tenant relationship by using license agreements instead of
Case Study: Whose Property Is It?
ABC Corp. is contemplating selling its commercial warehouse property. ABC Corp. is concerned that a portion of its property may