New rules on openness and evidence adoption in property tax hearingsNovember 2006Illinois Law Update, Page 584The Property Tax Appeals Board (Board) has amended sections 1910.67 and 1910.90 to 86 Ill Adm Code 1910 to reflect that although property tax appeal hearings are generally open to the public, the board or its officers can now close all or parts of hearings in order to protect private information from being disclosed.
Another look at attorney approval clausesBy Helen W. GunnarssonOctober 2006Lawpulse, Page 518Attorney-proposed changes to real estate contracts containing attorney-approval clauses should not be viewed as counteroffers that terminate the agreement, a law prof opines.
Attorney title agents must disclose agencyBy Helen W. GunnarssonJuly 2006Lawpulse, Page 338In real estate transactions, be sure to apprise clients when you also serve as an agent to the title company. In fact, you might want to do so in writing at the outset.
Religious freedom recognized by Condominium Property Act PA 094-0729June 2006Illinois Law Update, Page 284Section 18.4 of the Condominium Property Act (765 ILCS 605/1 et seq) has been amended to expand the powers and duties of the boards of managers for condominium associations while also recognizing the right of property owners to exercise their religious beliefs.
Procedures for appealing to PTAB adjustedMay 2006Illinois Law Update, Page 230In order to clarify existing procedures and add a new deadline extension for submitting rebuttal evidence, the Property Tax Appeal Board has amended and added to Part 1910 of Title 86, 86 Ill Adm Code 1910, effective February 15, 2006.
Anti-predatory-lending statute takes effect January 1By Helen W. GunnarssonDecember 2005Lawpulse, Page 614An amendment to the Real Property Disclosure Act will create a new predatory lending database. But some worry that it could unintentionally penalize good-guy lenders in targeted neighborhoods.