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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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Robert Schaller

✓ VERIFIED

Estate, Real Estate, Bankruptcy & Debt, Lawsuit & Dispute

WILLS, TRUSTS, PROBATE & TAX ATTORNEY & REGISTERED CPA | EXPECT THE BEST | 37+ YEARS OF EXPERIENCE

Attorney Robert Schaller treats every client like family, giving them the time and personal attention they deserve. The law firm offers both in-office... (more)

FREE CONSULTATION

CONTACT

630-655-1233

700 Commerce Drive, Oak Brook, IL 60523

Kathryn C. Whitacre

Real Estate, Business, Divorce & Family Law, Estate, Foreclosure

Kathryn C. Whitacre is a founding partner of Whitacre & Stefanczuk LTD in Oak Brook, IL. She practices in the areas of family law, real estate, and bu... (more)

FREE CONSULTATION

CONTACT

773-622-6100

900 Jorie Blvd, Oak Brook, IL 60523

Daniel Walker

✓ VERIFIED

Car Accident, Divorce & Family Law, Real Estate, Estate, Litigation

Dan Walker Jr. is a trial attorney with 35 years of experience. He has tried cases in Cook, DuPage, Will, McHenry, Kane and Lake County. He understand... (more)

FREE CONSULTATION

CONTACT

800-933-3071

211 West Chicago Avenue, Hinsdale, IL 60521

Ferdinand P Serpe

Banking & Finance, Criminal, DUI-DWI, Real Estate

Status: In Good Standing

CONTACT

1317 S, 1st. Avenue, Maywood, IL 60153

Marc Gugliuzza

Power of Attorney, Residential Real Estate, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing Licensed: 19 Years

CONTACT

1550 Spring Road, Oak Brook, IL 60523

Alan Howard Nelson

Real Estate, Construction Contracts, Construction

Status: In Good Standing

CONTACT

1000 Jorie Blvd, Oak Brook, IL 60523

Mark D. Manetti

Real Estate, Litigation, Corporate, Accident & Injury

Status: In Good Standing

FREE CONSULTATION

CONTACT

1301 W. 22nd Street, Oak Brook, IL 60523

Robert Honig

Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

116 S. York St, Elmhurst, IL 60126

Joseph P Berglund

Construction, Contract, Employment, Labor Law

Status: In Good Standing Licensed: 35 Years

CONTACT

1010 Jorie Blvd, Oak Brook, IL 60523

John M. Drews

Construction, Corporate, Contract, Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

700 Commerce Dr, Hinsdale, IL 60523

800-923-0641

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LEGAL TERMS

BOND

(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in ... (more...)

(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in court, providing good title to a piece of real estate or completing a construction project. If the person who purchased the bond fails at his or her task, the bonding company will pay the aggrieved party an amount up to the value of the bond. (2) An interest-bearing document issued by a government or company as evidence of a debt. A bond provides pre-determined payments at a set date to the bond holder. Bonds may be 'registered' bonds, which provide payment to the bond holder whose name is recorded with the issuer and appears on the bond certificate, or 'bearer' bonds, which provide payments to whomever holds the bond in-hand.

FUTURE INTEREST

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian,... (more...)

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian, but only after the death of his wife, Hillary. Marian has a future interest in the house.

VARIANCE

An exception to a zoning ordinance, usually granted by a local government. For example, if you own an oddly shaped lot that could not accommodate a home in acco... (more...)

An exception to a zoning ordinance, usually granted by a local government. For example, if you own an oddly shaped lot that could not accommodate a home in accordance with your city's setback requirement, you could apply at the appropriate office for a variance allowing you to build closer to a boundary line.

FAILURE OF CONSIDERATION

The refusal or inability of a contracting party to perform its side of a bargain.

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.

BEQUEST

The legal term for personal property (anything but real estate) left in a will.

MORTGAGE

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.

DEMURRER

A request made to a court, asking it to dismiss a lawsuit on the grounds that no legal claim is asserted. For example, you might file a demurrer if your neighbo... (more...)

A request made to a court, asking it to dismiss a lawsuit on the grounds that no legal claim is asserted. For example, you might file a demurrer if your neighbor sued you for parking on the street in front of her house. Your parking habits may annoy your neighbor, but the curb is public property and parking there doesn't cause any harm recognized by the law. After a demurrer is filed, the judge holds a hearing at which both sides can make their arguments about the matter. The judge may dismiss all or part of the lawsuit, or may allow the party who filed the lawsuit to amend its complaint. In some states and in federal court, the term demurrer has been replaced by 'motion to dismiss for failure to state a claim' (called a '12(b)(6) motion' in federal court) or similar term.

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.

Westchester Real Estate Lawyer, Illinois

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Robert Schaller

Kathryn C. Whitacre

Daniel Walker

Ferdinand P Serpe

Marc Gugliuzza

Alan Howard Nelson

Mark D. Manetti

Robert Honig

Joseph P Berglund

John M. Drews

TIPS

LEGAL TERMS

BOND

FUTURE INTEREST

VARIANCE

FAILURE OF CONSIDERATION

NET LEASE

BEQUEST

MORTGAGE

DEMURRER

BASIS

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