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.
Real Estate Litigation: Traps for the UnwaryBy Richard RappoldReal Estate Law, March 2022Two recent Illinois Supreme Court cases highlight a trap for the unwary regarding service of process in Cook County.
Sellers Can Sue Over Excessive Fees for Section 22.1 Condo DisclosuresBy Joseph R. FortunatoReal Estate Law, January 2022The case of Channon v. Westward Management, Inc. involved a suit by a condominium unit owner against a property manager for excessive and unreasonable fees to provide the owner with documents and other information that unit owners are required by the Illinois Condominium Property Act to provide to prospective purchasers.
Liens Against Decedent’s Real EstateBy Leonard BergReal Estate Law, December 2021A look at whether a lien filed against a decedent's real estates provides the creditor any security.
Rollin’ on the River: WWJD?By Michael J. RooneyReal Estate Law, December 2021In June, the appellate court handed down a decision in a case involving the Mazon River, finding that river non-navigable and upholding the rights of owners of real estate that bordered the river to prevent the public from using the river because that was a trespass on their land that included a portion of the river.
Uniform Easement Relocation Act Approved & Published, May Be Introduced to Illinois Legislature in 2022By George D. Maurides & Ted M. NiemannReal Estate Law, December 2021The Uniform Easement Relocation Act was recently approved and published by the Uniform Law Commission, a Chicago-based non-profit organization that drafts model state laws on topics where uniformity between the states is perceived to be beneficial.
Year-End RemindersReal Estate Law, December 2021Important reminders for real estate practitioners as the end of 2021 approaches.
A Failed Tenancy by the Entirety Becomes What?By Michael J. RooneyReal Estate Law, November 2021In 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.
Liens Against Decedent’s Real EstateBy Leonard BergTrusts and Estates, November 2021A look at whether a lien filed against a decedent's real estates provides the creditor any security.
New Fannie Mae Condominium RequirementsBy Paul PetersonReal Estate Law, November 2021Effective January 1, 2022 for all loans secured by units in condominiums and co-op projects with five or more attached units, regardless of the type of project review or review waiver, Fannie Mae has made new requirements of appraisers and lenders.
Practice Tip: Rental Assistance ProgramsBy Laura LundsgaardReal Estate Law, November 2021Lawyers representing landlords or tenants are wise to be aware of the rental assistance programs available for tenants now that the eviction moratorium has expired.
The Meaning of the Word ‘Contiguous’By Michael J. RooneyReal Estate Law, October 2021The Tax Increment Allocation Redevelopment Act and the annexation provisions of the Illinois Municipal Code provide two different meanings of the word "contiguous."
New Laws of InterestBy Michael J. MaslankaReal Estate Law, October 2021Summaries of recently enacted laws of interest to real estate practitioners.
