Lincolnwood Real Estate Lawyer, Illinois, page 3

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Linda Crohn

Commercial Real Estate, Government, Transactions, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  49 Years

Michael Eddy Pensack

Landlord-Tenant, Real Estate, Social Security -- Disability, Government
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  24 Years

Craig Frisch

Litigation, Securities Fraud , Landlord-Tenant, Wills & Probate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  24 Years

Shannon Heilman

Commercial Real Estate, Estate Planning, Estate, Transactions
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  34 Years

Christopher Shawn Jones

Real Estate, Traffic, Whistleblower, Business, Property Damage
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  28 Years

Martha Bozic

Commercial Real Estate, Landlord-Tenant, Transactions, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  28 Years

Ramsen Isaac

Landlord-Tenant, Transactions, Commercial Real Estate, Commercial Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  28 Years

Thomas Magarian

Landlord-Tenant, Workers' Compensation, Criminal, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  17 Years

Mark Stephen Edelstein

Landlord-Tenant, Estate Planning, Divorce, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  40 Years

Manny Lapidos

Condominiums, Estate Planning, Transactions, Business, Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  55 Years

Free Help: Use This Form or Call 800-814-6700

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800-814-6700

Free Help: Use This Form or Call 800-814-6700

By submitting this request, I authorize you to forward my information to multiple potential lawyers and I agree to your Terms of Use and Privacy Policy including the Consent to Receive Automated Phone Calls, Emails and Texts. Information you provide is not privileged or confidential.

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LEGAL TERMS

ELECTRONIC SIGNATURE

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'k... (more...)
A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'key' to encrypt (scramble) information that uniquely identifies the signer using a method called Public Key Infrastructure (PKI). Electronic signatures are as binding as those in ink.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

NONDISCLOSURE AGREEMENT

A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper a... (more...)
A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper authorization. Nondisclosure agreements are often used when a business discloses a trade secret to another person or business for such purposes as development, marketing, evaluation or securing financial backing. Although nondisclosure agreements are usually in the form of written contracts, they may also be implied if the context of a business relationship suggests that the parties intended to make an agreement. For example, a business that conducts patent searches for inventors is expected to keep information about the invention secret, even if no written agreement is signed, because the nature of the business is to deal in confidential information.

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.

LIMITED EQUITY HOUSING

An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with ... (more...)
An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with a low down payment. The catch is that when the owner sells, she gets none of the profit if the market value of the unit has gone up. Any profit returns to the organization that built the home, which then resells the unit at an affordable price.

QUASI-COMMUNITY PROPERTY

A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired togeth... (more...)
A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired together in the non-community property state may be considered quasi-community property. Quasi-community property is treated just like community property when one spouse dies or if the couple divorces.

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.

LEGACY

An outdated legal word meaning personal property left by a will. The more common term for this type of property is bequest. Compare devise.

REAL ESTATE

Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called ... (more...)
Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called real property.

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