Island Lake Real Estate Lawyer, Illinois

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Hilary J. Negele

Real Estate, Wills, Bankruptcy
Status:  In Good Standing           

Jeanne M. Miller

Real Estate, Estate Planning, Business
Status:  In Good Standing           Licensed:  27 Years

Jeanne Miller

Real Estate
Status:  In Good Standing           Licensed:  27 Years

Mark Eiden

Banking & Finance, Land Use & Zoning, Transactions, Commercial Real Estate
Status:  In Good Standing           Licensed:  45 Years

Mark Christopher Eiden

Banking & Finance, Land Use & Zoning, Transactions, Commercial Real Estate
Status:  In Good Standing           Licensed:  45 Years

Andrew Szocka

Real Estate, Civil Rights, Collection, Personal Injury
Status:  In Good Standing           Licensed:  29 Years

Danielle Joy Diamond

Land Use & Zoning, Municipal, Environmental Law Other, Transactions
Status:  In Good Standing           Licensed:  21 Years

Adam Jay Diamond

Real Estate, Federal Appellate Practice, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  20 Years

Danielle Diamond

Land Use & Zoning, Municipal, Environmental Law Other, Transactions
Status:  In Good Standing           Licensed:  21 Years

Joseph Patrick Hudetz

Commercial Real Estate, Real Estate, Estate, Transactions
Status:  In Good Standing           Licensed:  46 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

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.

ADVERSE POSSESSION

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usua... (more...)
A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usually include continuous and open use for a period of five or more years and paying taxes on the property in question.

COOLING-OFF RULE

A rule that allows you to cancel a contract within a specified time period (typically three days) after signing it. Federal cooling-off rules apply this three-d... (more...)
A rule that allows you to cancel a contract within a specified time period (typically three days) after signing it. Federal cooling-off rules apply this three-day grace period to sales made door-to-door and anywhere other than a seller's normal place of business, such as at a trade show. Another federal cooling-off rule lets you cancel a home improvement loan or second mortgage within three days of signing. Various states have cooling-off rules that sometimes apply even longer cancellation periods to specific types of sales, such as dancing lessons and timeshares.

LEGACY

An outdated legal word meaning personal property left by a will. The more common term for this type of property is bequest. Compare devise.

VIEW ORDINANCE

A law adopted by some cities or towns with desirable vistas -- such as those in the mountains or overlooking the ocean -- that protects a property owner from ha... (more...)
A law adopted by some cities or towns with desirable vistas -- such as those in the mountains or overlooking the ocean -- that protects a property owner from having his or her view obstructed by growing trees. View ordinances don't cover buildings or other structures that may block views.

FIERI FACIAS

Latin for 'that you cause to be done.' This is a court document that instructs a sheriff to seize and sell a defendant's property in order to satisfy a monetary... (more...)
Latin for 'that you cause to be done.' This is a court document that instructs a sheriff to seize and sell a defendant's property in order to satisfy a monetary judgment against the defendant.

ESCHEAT

The forfeit of all property to the state when a person dies without heirs.

INVITEE

A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from d... (more...)
A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from dangers on the property. In an example of the perversion of legalese, social guests that you invite into your home are called 'licensees.'

HOMESTEAD

(1) The house in which a family lives, plus any adjoining land and other buildings on that land. (2) Real estate which is not subject to the claims of creditors... (more...)
(1) The house in which a family lives, plus any adjoining land and other buildings on that land. (2) Real estate which is not subject to the claims of creditors as long as it is occupied as a home by the head of the household. After the head of the family dies, homestead laws often allow the surviving spouse or minor children to live on the property for as long as they choose. (3) Land acquired out of the public lands of the United States. The term 'homesteaders' refers to people who got their land by settling it and making it productive, rather than purchasing it outright.