Golf Real Estate Lawyer, Illinois

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Alexander  Gruzmark Lawyer

Alexander Gruzmark

Accident & Injury, Personal Injury, Car Accident, Premises Liability, Wrongful Death
Glenview Personal Injury Attorney

Alexander Gruzmark immigrated to the United States in 1978 from Lvov, Ukraine. After earning his Juris Doctorate from Loyola University School of Law,... (more)

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847-729-7660

Matthew  Livingston Lawyer

Matthew Livingston

Estate, Real Estate, Business Organization, Wills & Probate, Guardianships & Conservatorships

Matthew Livingston is a member of the Illinois Bar Association, the Chicago Bar Association, and the Illinois Real Estate Lawyers Association. Knowled... (more)

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847-544-6657

Patrick O'Neil Quinn Lawyer

Patrick O'Neil Quinn

Accident & Injury, Estate Planning, Medical Malpractice, Premises Liability, Car Accident

From the offices of Quinn Law Group in Park Ridge, Illinois, Attorney Patrick Quinn provides compassionate, dedicated representation for clients seeki... (more)

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CONTACT

847-232-7180

James  Nicodemus Lawyer

James Nicodemus

VERIFIED
Divorce & Family Law, Real Estate

James Nicodemus proudly serves Glenview, IL and the neighboring communities in the areas of divorce & family law, as well as real estate law.

Richard G. Larsen

Alimony & Spousal Support, Business Organization, Child Support, Conveyancing
Status:  In Good Standing           

Marc L Brown

Commercial Real Estate, Adoption, Business Successions, Business Organization
Status:  In Good Standing           

Robert S. Hayes

Real Estate
Status:  In Good Standing           

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Manny Mark Lapidos

Real Estate, Estate Planning, Family Law
Status:  In Good Standing           

Earl L Simon

Commercial Leasing, Corporate, Business Successions, Business Organization
Status:  In Good Standing           

Richard P Broderick

Real Estate, Divorce & Family Law, Criminal, Accident & Injury, Child Support
Status:  In Good Standing           Licensed:  30 Years

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LEGAL TERMS

RIGHT OF SURVIVORSHIP

The right of a surviving joint tenant to take ownership of a deceased joint tenant's share of the property. See joint tenancy.

MARITAL DEDUCTION

A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions a... (more...)
A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions as an exemption) allows anyone, even a billionaire, to pass his or her entire estate to a surviving spouse without any tax at all.

CONDITIONS OF CARRIAGE

The terms of your contract with an airline after you buy a ticket. Conditions of carriage cover everything from baggage limitations to the amount of compensatio... (more...)
The terms of your contract with an airline after you buy a ticket. Conditions of carriage cover everything from baggage limitations to the amount of compensation you can recover if you're injured on the flight. These provisions often vary from airline to airline. A few, but by no means most, conditions of carriage appear in the fine print on the back of your ticket. To find out about the rest, you can ask the airline for a copy; it is legally obligated to provide one. The conditions of carriage contain a lot of fine print detail and will not make for exciting reading.

ELECTRONIC SIGNATURE

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'k... (more...)
A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'key' to encrypt (scramble) information that uniquely identifies the signer using a method called Public Key Infrastructure (PKI). Electronic signatures are as binding as those in ink.

NULLA BONA

Latin for 'no goods.' This is what the sheriff writes when she can find no property to seize in order to pay off a court judgment.

LEASE OPTION

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to b... (more...)
A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to buy the house at the end of the lease period for a price established in advance. A lease option is often a good arrangement for a potential home buyer because it lets him move into a house he may buy without having to come up with a down payment or financing at that time.

PRIVATE MORTGAGE INSURANCE (PMI)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortga... (more...)
Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortgage plus the costs of the sale). A home buyer who makes less than a 20% down payment may have to purchase PMI.

DEBENTURE

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific p... (more...)
A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific piece of property. Repayment of a debenture is guaranteed only by the general credit of the issuer. For example, a corporation may issue a secured bond that gives the bondholder a lien on the corporation's factory. But if it issues a debenture, the loan is not secured by any property at all. When a corporation issues debentures, the holders are considered creditors of the corporation and are entitled to payment before shareholders if the business folds.

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)
A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.