Oak Park Real Estate Lawyer, Illinois

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Ferdinand P Serpe

Banking & Finance, Criminal, DUI-DWI, Real Estate
Status:  In Good Standing           

Marlin E. Kirby

Bankruptcy & Debt, Business, Commercial Real Estate, Immigration
Status:  In Good Standing           Licensed:  35 Years

Robert Ralis

Real Estate Other, Bankruptcy, Contract, Bankruptcy
Status:  In Good Standing           Licensed:  45 Years

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Ronald Paul Strojny

Criminal, Federal Appellate Practice, Bankruptcy, Real Estate
Status:  In Good Standing           Licensed:  51 Years

Elisa M. Allie

Commercial Real Estate, Estate Planning, Estate, Transactions
Status:  In Good Standing           Licensed:  30 Years

Elisa Allie

Commercial Real Estate, Estate Planning, Estate, Transactions
Status:  In Good Standing           Licensed:  30 Years

Gwendolyn M. Bryant

Real Estate, Estate, Divorce & Family Law, Elder Law
Status:  In Good Standing           Licensed:  43 Years

Joanne F. Hurley

Construction Contracts, Estate, Family Medical Leave Act (FMLA), Business Organization, Business
Status:  In Good Standing           

Christopher Louis Lufrano

Real Estate, Immigration, Securities, Business
Status:  In Good Standing           

Maria A. Cristiano

Commercial Real Estate, Litigation, Transactions, Personal Injury
Status:  In Good Standing           Licensed:  37 Years

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

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800-943-8690

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LEGAL TERMS

BREACH OF CONTRACT

A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our con... (more...)
A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our contract by using substandard supplies when he repaired my roof.'

DOWN PAYMENT

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the... (more...)
A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the balance remaining, and pays it off in monthly installments over time.

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.

CONSTRUCTIVE EVICTION

When a landlord provides housing that is so substandard that a landlord has legally evicted the tenant. For example, if the landlord refuses to provide heat or ... (more...)
When a landlord provides housing that is so substandard that a landlord has legally evicted the tenant. For example, if the landlord refuses to provide heat or water or refuses to clean up an environmental health hazard, the tenant has the right to move out and stop paying rent, without incurring legal liability for breaking the lease.

NOVATION

The substitution of a new contract for an old one. A novation may change one of the parties to the contract or the duties that must be performed by the original... (more...)
The substitution of a new contract for an old one. A novation may change one of the parties to the contract or the duties that must be performed by the original parties.

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.

CO-TENANTS

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreemen... (more...)
Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreement, which includes paying the entire rent if the other tenant skips town and paying for damage caused by the other tenant.

STATUTE OF LIMITATIONS

The legally prescribed time limit in which a lawsuit must be filed. Statutes of limitation differ depending on the type of legal claim, and often the state. For... (more...)
The legally prescribed time limit in which a lawsuit must be filed. Statutes of limitation differ depending on the type of legal claim, and often the state. For example, many states require that a personal injury lawsuit be filed within one year from the date of injury -- or in some instances, from the date when it should reasonably have been discovered -- but some allow two years. Similarly, claims based on a written contract must be filed in court within four years from the date the contract was broken in some states and five years in others. Statute of limitations rules apply to cases filed in all courts, including federal court.

ASSIGNMENT

A transfer of property rights from one person to another, called the assignee.