Browse articles by year: 2017 (2)
Newsletter articles from 2008
The current edition of the Real Estate Section Counsel Newsletter provides a compilation of materials of general interest to the real estate practitioner.
As some of you may know, Gary Gehlbach has been appointed to the position of Chairman of the Real Estate Law Section Council.
For several decades I have steadfastly declined to prepare an installment contract for deed, only rarely and begrudgingly relenting.
Congratulations! With considerable support from highly qualified authors, we have now published 12 issues this fiscal year, a record!
Most of us remember the remark of the gentleman pointing to the man in the casket and remarking: “Brothers and sisters I have none.
The March 2008 issue of this newsletter featured an article by Adam Whiteman about the Illinois Home Repair and Remodeling Act and recent appellate decisions addressing the impact of that Act.
The Bar Association’s fiscal year is July 1 through June 30, and this newsletter, as well as the other ISBA publications, follow this cycle.
The ISBA/CBA Joint Committee on Ethics 2000 has developed and presented new Rules of Professional Conduct to the Illinois Supreme Court.
In case you missed Marylou Lowder Kent’s excellent summary of recently passed Illinois legislation (December 2007, Vol. 53, No. 6), Jim Weston has provided another summary.
Essentials for a smooth real estate closing
In order for a smooth closing to occur, all parties involved must be aware of their responsibilities for the closing, including what documents to bring or to send to the closing, what conditions need to be met prior to and at closing, and what the expectations are of the other parties involved in the transaction.
From the Chair
Perversely relishing the stress and frustration that every day (indeed, every hour or every few minutes) seems to bring, I secretly confess that I love the practice of law.
Guidelines for buyer’s review of new construction contracts
While no two new construction contracts are the same, there are enough similarities in new construction contracts commonly used in Illinois to make it possible to provide a set of concrete notes and suggestions to lawyers representing buyers.
The second year of the 95th General Assembly was again one of the most active periods in legislative history.
Letter to the editor
My first reaction was how can the ward’s guardian be both her aunt and her niece?
Navigating the short sale
Your client has fallen behind in his mortgage payments and is served with a foreclosure complaint.
A problem, a solution and a new malpractice standard?
As an ongoing Michigan case illustrates, any attorney who allows a client, whether seller or buyer, to close with a title agent (instead of with the title insurance company) without insisting upon a CPL for the client ought to be held liable for malpractice.
Public Act 095-0691: A mortgage crises remedy?
This article will discuss the highlights of Public Act 095-0691 and will try to pose the basic question: How much of this new law is designed to solve the problems of the present and the past and how much of the new law is nothing more than a knee jerk reaction to a problem brought on by over-exuberate lenders and consumers?
Random thoughts on tenancy by the entirety
Attorneys who represent home owners in mortgage foreclosure proceedings will routinely parse their clients’ real estate documentation, looking for defects or issues that they can use for their advantage. It seems clear that tenancy by the entirety might be a new (and potentially lethal) weapon in the arsenals of these attorneys.