Mundelein Real Estate Lawyer, Illinois

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James Nicodemus
About | Practice Areas
The Law Offices of James Nicodemus
2700 Patriot Blvd Suite 250 Glenview, IL 60026» view map
Real Estate Law
Experienced Real Estate Lawyer

When you need accurate representation, whether it’s a divorce lawyer, family lawyer or child custody attorney, James Nicodemus is there for you.

800-986-5891
1. James Nicodemus Glenview, IL
  Attorney at Law - IL, 1992
  John Marshall Law School 1992
2. AboutThe Law Offices of James Nicodemus
  Over 25 years of experience.
3. Practice AreasExpertise
  Real Estate Law
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Catherine M Wifler

Contract, Real Estate, Family Law

Status: In Good Standing

CONTACT

335 Chancery Lane, Lake Zurich, IL 60047

Katharine Wark Griffith

Condominiums, Real Estate, Transactions, Corporate

Status: In Good Standing Licensed: 20 Years

CONTACT

175 N Archer Ave, Mundelein, IL 60060

Kerry Bartell

Condominiums, Real Estate, Industry Specialties, Business

Status: In Good Standing Licensed: 26 Years

CONTACT

175 N Archer Ave, Lake Zurich, IL 60060

Kerry Tara Bartell

Condominiums, Real Estate, Industry Specialties, Business

Status: In Good Standing Licensed: 26 Years

CONTACT

175 N Archer Ave, Lake Zurich, IL 60060

Matthew L. Moodhe

Condominiums, Real Estate, Lawsuit & Dispute, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

175 N Archer Ave, Lake Zurich, IL 60060

Ryan Howard Shpritz

Condominiums, Real Estate, Litigation, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

175 N Archer Ave, Lake Zurich, IL 60060

John Bickley

Condominiums, Real Estate, Litigation, Civil Rights

Status: In Good Standing Licensed: 47 Years

CONTACT

175 N Archer Ave, Lake Zurich, IL 60060

Omeesha Srivastava

Landlord-Tenant, Social Security, Transactions, Collection

Status: In Good Standing Licensed: 22 Years

CONTACT

175 North Archer Ave, Lake Zurich, IL 60060

Julie A. Jacobson

Commercial Real Estate, Landlord-Tenant, Litigation, Civil Rights

Status: In Good Standing Licensed: 25 Years

CONTACT

175 N Archer Ave, Lake Zurich, IL 60060

John Howard Bickley

Condominiums, Real Estate, Litigation, Civil Rights

Status: In Good Standing Licensed: 47 Years

CONTACT

175 N Archer Ave, Lake Zurich, IL 60060

800-923-0641

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LEGAL TERMS

APPRAISER

A person who is hired to determine the current value of real estate or other property.

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

USE TAX

A tax imposed by a state to compensate for the sales tax lost when an item is purchased outside of the state, but is used within the state. For example, you buy... (more...)

A tax imposed by a state to compensate for the sales tax lost when an item is purchased outside of the state, but is used within the state. For example, you buy your car in a state that has no sales tax, but you live across the border in a state that does have a sales tax. When you bring your car home and register it in your state, the state taxing authority will bill you for the sales tax it would have collected had you bought the car within the state.

INVEST

(1) To formally grant power or authority to someone. For example, when the President of the United States is inaugurated, he is invested with all the powers of ... (more...)

(1) To formally grant power or authority to someone. For example, when the President of the United States is inaugurated, he is invested with all the powers of that office. (2) To contribute money to a business venture, or to buy property or securities, with the intention and expectation of making a profit.

DEEP LINK

A link from one website to another that bypasses the second website's home page and takes the user directly to an internal page on the site. For example, a deep... (more...)

A link from one website to another that bypasses the second website's home page and takes the user directly to an internal page on the site. For example, a deep link from Yahoo might take the user directly to a news article on a news site instead of linking to the home page of the site.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

RUNNING WITH THE LAND

A phrase used in property law to describe a right or duty that remains with a piece of property no matter who owns it. For example, the duty to allow a public b... (more...)

A phrase used in property law to describe a right or duty that remains with a piece of property no matter who owns it. For example, the duty to allow a public beach access path across waterfront property would most likely pass from one owner of the property to the next.

FORFEITURE

The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the lan... (more...)

The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the landlord knows it is a drug-dealing site but fails to stop the illegal activity. Or, you may have to forfeit your driver's license if you commit too many moving violations or are convicted of driving under the influence of alcohol or drugs.

Mundelein Real Estate Lawyer, Illinois

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Catherine M Wifler

Katharine Wark Griffith

Kerry Bartell

Kerry Tara Bartell

Matthew L. Moodhe

Ryan Howard Shpritz

John Bickley

Omeesha Srivastava

Julie A. Jacobson

John Howard Bickley

TIPS

LEGAL TERMS

APPRAISER

DIVIDEND

USE TAX

INVEST

DEEP LINK

NET LEASE

SHORT SALE (OF HOUSE)

RUNNING WITH THE LAND

FORFEITURE

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