South Holland Real Estate Lawyer, Illinois, page 2

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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
1. Contact
2. Email
3. Refer
5. Visit:
6. Website
7. Profile

Tomás Rodriguez

Family Law, Traffic, Residential Real Estate

Status: In Good Standing

CONTACT

2024 Hickory Road, Homewood, IL 60430

Barry David Bayer

Landlord-Tenant, Intellectual Property, Transactions, Business

Status: In Good Standing Licensed: 56 Years

CONTACT

2842 Walnut Road, Homewood, IL 60430

Barry Bayer

Landlord-Tenant, Intellectual Property, Transactions, Business

Status: In Good Standing Licensed: 56 Years

CONTACT

2842 Walnut Road, Homewood, IL 60430

George Havre Olsen

Criminal, Administrative Law, Antitrust, Foreclosure

Status: In Good Standing Licensed: 50 Years

CONTACT

18022 Cherrywood Ln, Homewood, IL 60430

Scott R. Wheaton

Commercial Real Estate, Real Estate, International Tax, Estate

Status: In Good Standing Licensed: 33 Years

CONTACT

3108 Ridge Rd, Lansing, IL 60438

James E. Molenaar

Real Estate, Federal Appellate Practice, Estate Planning, Business

Status: In Good Standing Licensed: 60 Years

CONTACT

3546 Ridge Rd, Lansing, IL 60438

Charles Thomas Ryan

Real Estate, Litigation, Estate Planning, Civil Rights

Status: In Good Standing Licensed: 37 Years

CONTACT

18141 Dixie Hwy, Flossmoor, IL 60430

800-923-0641

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LEGAL TERMS

EMINENT DOMAIN

The power of the federal or state government to take private property for a public purpose, even if the property owner objects. The Fifth Amendment to the Unite... (more...)

The power of the federal or state government to take private property for a public purpose, even if the property owner objects. The Fifth Amendment to the United States Constitution allows the government to take private property if the taking is for a public use and the owner is 'justly compensated' (usually, paid fair market value) for his or her loss. A public use is virtually anything that is sanctioned by a federal or state legislative body, but such uses may include roads, parks, reservoirs, schools, hospitals or other public buildings. Sometimes called condemnation, taking or expropriation.

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.

YELLOW-DOG CONTRACT

An employment contract in which the employer forbids the employee to join a labor union. Yellow-dog contracts are not legally enforceable.

VESTED REMAINDER

An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will ... (more...)

An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will leaves her house to her daughter, but the daughter gains possession only after Julie's husband dies, the daughter has a vested remainder in the house.

QUIET ENJOYMENT

The right of a property owner or tenant to enjoy his or her property without interference. Disruption of quiet enjoyment may constitute a nuisance. Leases and r... (more...)

The right of a property owner or tenant to enjoy his or her property without interference. Disruption of quiet enjoyment may constitute a nuisance. Leases and rental agreements often contain a 'covenant of quiet enjoyment,' expressly obligating the landlord to see that tenants have the opportunity to live undisturbed.

TANGIBLE PERSONAL PROPERTY

Personal property that can be felt or touched. Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible perso... (more...)

Personal property that can be felt or touched. Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible personal property. The law is unsettled as to whether computer data is tangible personal property. Compare intangible property.

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.

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.

LOAN BROKER

A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and eff... (more...)

A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and effective way to find the cheapest mortgage rates.

South Holland Real Estate Lawyer, Illinois, page 2

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Tomás Rodriguez

Barry David Bayer

Barry Bayer

George Havre Olsen

Scott R. Wheaton

James E. Molenaar

Charles Thomas Ryan

TIPS

LEGAL TERMS

EMINENT DOMAIN

INVEST

YELLOW-DOG CONTRACT

VESTED REMAINDER

QUIET ENJOYMENT

TANGIBLE PERSONAL PROPERTY

NET LEASE

CONSTRUCTIVE EVICTION

LOAN BROKER

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