Real Property

The newsletter of the ISBA’s Section on Real Estate Law

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2024 Articles

A Note From the Outgoing Chair By Emily R. Vivian June 2024 A note of thanks from the Real Estate Section Council's outgoing chair.
1 comment (Most recent July 1, 2024)
Notice to Landlords of Dwelling Units January 2024 Per P.A. 103-0298, landlords must provide prospective tenants with specific information about radon.
The Odyssey by Homer and the Rescission of Contract: An Analysis of Zahdan v. Frontline Business Enterprise, Inc. By Donald Hyun Kiolbassa & Emily Holmes May 2024 In Zahdan v. Frontline Business Enterprise, Inc., the parties entered into a real estate contract for a gas station conditioned upon a second contract, which the defendant did not honor.
Practice Tip February 2024 A property tax tip to share with your clients.
Prometheus and the Gift of Fire: In re Syed By Donald Hyun Kiolbassa & Emily Holmes October 2024 The court in In re Syed was faced with the challenge of choosing between two good choices. The court should either respect a judgment of eviction or uphold Chapter 13 bankruptcy rules. 
Query December 2024 Are there other such benefits to owning real property through a non-Illinois-established LLC or entity as opposed to using an Illinois-established LLC or entity?
Quiet Title and Installment Contracts By Michael J. Rooney February 2024 A recent quiet title case, Almazon v. 7354 Corp., illustrates some of the principles real estate practitioners need to remember.
Redlining, AI, and Economics: A Look Into the Illinois Community Reinvestment Act By Donald Hyun Kiolbassa & Emily Holmes June 2024 The Illinois Community Reinvestment Act attempts to solve the problem of providing available financing for owning appreciable property to historically discriminated groups.
Review of Agency (And No Agency) Under the Illinois Real Estate License Act By Victoria Munson November 2024 In Illinois, real estate licensees operate under the presumption of designated agency. As stated in the Illinois Real Estate License Act, at 225 ILCS 454, a licensee is presumed to be the agent of the client with whom they are working.
Sidebar August 2024 Quick takeaways from a recent appellate court opinion in which the justices scolded a party and its attorney for bad behavior.
Top 10 Issues a Landlord Should Consider Before Leasing to a Cannabis Tenant By Nicky Sonntag June 2024 The top 10 issues that a landlord should consider before leasing to a cannabis tenant.
Upcoming CLEs December 2024 Mark your calendars for upcoming live CLE events of interest to real estate practitioners. 
What Is a Trust? Part 1: Is a Trust an Entity? By Sherwin D. Abrams February 2024 Is a trust a relationship, or is it an entity that can hold title to property and that can sue and be sued? The authorities differ.
What Is a Trust? Part 2: Does It Matter? By Sherwin D. Abrams January 2024 Is a trust a relationship or is it an entity that can hold title to property and that can sue and be sued? The authorities differ.