South Holland 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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David G. Clark

Commercial Leasing, Commercial Real Estate, Defamation & Slander, Condominiums

Status: In Good Standing

FREE CONSULTATION

CONTACT

18525 Torrence Avenue, Lansing, IL 60438

Peter B. Canalia

Commercial Leasing, Commercial Real Estate, Defamation & Slander, Condominiums

Status: In Good Standing

FREE CONSULTATION

CONTACT

18525 Torrence Avenue, Lansing, IL 60438

Lela Jeannette Davis

Divorce & Family Law, Estate, Real Estate, Litigation, Trusts

Status: In Good Standing

CONTACT

17070 S Park Ave, South Holland, IL 60473

Dennis G Gianopolus

Real Estate, Traffic, Criminal, Credit & Debt

Status: In Good Standing Licensed: 35 Years

CONTACT

18511 Torrence Ave, Lansing, IL 60438

William J. Bryan

Real Estate, Estate Planning, Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 46 Years

CONTACT

17926 Dixie Hwy, Flossmoor, IL 60430

Daniel Martin Greenberg

Residential Real Estate, Real Estate, Trusts, Business

Status: In Good Standing Licensed: 45 Years

CONTACT

18141 Dixie Hwy, Flossmoor, IL 60430

Christopher J. Cummings

Real Estate, Government, Estate Planning, Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

2024 Hickory Rd, Flossmoor, IL 60430

Barry C. Bergstrom

Real Estate, International, Estate Planning, Business

Status: In Good Standing Licensed: 53 Years

CONTACT

3330 181St St Pl, Lansing, IL 60438

Jack G. Bainbridge

Real Estate, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 47 Years

CONTACT

2630 Flossmoor Rd, Flossmoor, IL 60422

Tomás Rodriguez

Family Law, Traffic, Residential Real Estate

Status: In Good Standing

CONTACT

2024 Hickory Road, Homewood, IL 60430

800-923-0641

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LEGAL TERMS

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.

APPRAISER

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

INURE

To take effect, or to benefit someone. In property law, the term means 'to vest.' For example, Jim buys a beach house that includes the right to travel across t... (more...)

To take effect, or to benefit someone. In property law, the term means 'to vest.' For example, Jim buys a beach house that includes the right to travel across the neighbor's property to get to the water. That right of way is said, cryptically, 'to inure to the benefit of Jim.'

BASIS

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.

COVENANTS, CONDITIONS & RESTRICTIONS (CC&RS)

The restrictions governing the use of real estate, usually enforced by a homeowners' association and passed on to the new owners of property. For example, CC&Rs... (more...)

The restrictions governing the use of real estate, usually enforced by a homeowners' association and passed on to the new owners of property. For example, CC&Rs may tell you how big your house can be, how you must landscape your yard or whether you can have pets. If property is subject to CC&Rs, buyers must be notified before the sale takes place.

INCIDENTS OF OWNERSHIP

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to... (more...)

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to receive rent--then legally, no gift has been made. This distinction can be important if you're making large gifts to reduce your eventual estate tax.

EXPRESS WARRANTY

A guarantee about the quality of goods or services made by a seller, such as 'This item is guaranteed against defects in construction for one year.' Most expres... (more...)

A guarantee about the quality of goods or services made by a seller, such as 'This item is guaranteed against defects in construction for one year.' Most express warranties come directly from the manufacturer or are included in the sales contract. If you want to hold the seller to an oral guarantee, it's best to get it in writing or have witnesses to the guarantee so that it doesn't come down to your word against the seller's if a problem arises.

FAIR HOUSING ACT & FAIR HOUSING AMENDMENTS ACT

Federal laws that prohibit housing discrimination on the basis of race or color, national origin, religion, sex, familial status or disability. The federal Acts... (more...)

Federal laws that prohibit housing discrimination on the basis of race or color, national origin, religion, sex, familial status or disability. The federal Acts apply to all aspects of the landlord/tenant relationship, from refusing to rent to members of certain groups to providing different services during tenancy.

OFFENSIVE COLLATERAL ESTOPPEL

A doctrine that prevents a defendant from re-litigating an issue after it has been lost. For example, if your neighbor sues you for putting up a fence on his la... (more...)

A doctrine that prevents a defendant from re-litigating an issue after it has been lost. For example, if your neighbor sues you for putting up a fence on his land and the court rules that your fence extends beyond your property line, you can't later file your own lawsuit seeking a declaration that the property line is incorrectly drawn.

South Holland Real Estate Lawyer, Illinois

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

David G. Clark

Peter B. Canalia

Lela Jeannette Davis

Dennis G Gianopolus

William J. Bryan

Daniel Martin Greenberg

Christopher J. Cummings

Barry C. Bergstrom

Jack G. Bainbridge

Tomás Rodriguez

TIPS

LEGAL TERMS

NOVATION

APPRAISER

INURE

BASIS

COVENANTS, CONDITIONS & RESTRICTIONS (CC&RS)

INCIDENTS OF OWNERSHIP

EXPRESS WARRANTY

FAIR HOUSING ACT & FAIR HOUSING AMENDMENTS ACT

OFFENSIVE COLLATERAL ESTOPPEL

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