Park Ridge Real Estate Lawyer, Illinois, page 5

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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

Barbara Canning

Corporate, Real Estate, Commercial Real Estate, Commercial Real Estate

Status: Licensed: 37 Years

CONTACT

1000 Skokie Blvd, Wilmette, IL 60091

Barry O’Lynnger

Disability, Real Estate, Motor Vehicle, Lawsuit & Dispute, Intellectual Property

Status:

CONTACT

636 South Des Plaines River Road, Des Plaines, IL 60016

Barry Springer

Eminent Domain, Business, Collection

Status: Licensed: 48 Years

CONTACT

2093 Rand Road, Des Plaines, IL 60016

Barry Glen Mogil

Litigation, Litigation, Business, Commercial Real Estate, Transactions

Status: Licensed: 43 Years

CONTACT

5955 W Irving Park Rd, Chicago, IL 60634

Barry Lee Ehlers

Real Estate, International, Estate

Status: Licensed: 40 Years

CONTACT

6723 N Northwest Hwy, Chicago, IL 60631

Barry Gordon Collins

Real Estate, Estate Planning, Labor Law, Corporate

Status: Licensed: 58 Years

CONTACT

733 Lee St, Des Plaines, IL 60016

Bernard Hennig

Commercial Real Estate, International Tax

Status: Licensed: 86 Years

CONTACT

5944 W Montrose Ave, Chicago, IL 60634

Bonnie Martinez-keating

Commercial Real Estate, Estate Planning, Estate, Transactions

Status: Licensed: 48 Years

CONTACT

6230 N Leona Ave, Chicago, IL 60646

Brad R Berliner

Real Estate, Lawsuit & Dispute

Status: Licensed: 30 Years

CONTACT

9377 W Higgins Rd, Des Plaines, IL 60018

Bradley Scott Chelin

Real Estate, Government, Criminal, Bankruptcy & Debt

Status: Licensed: 21 Years

CONTACT

1454 Miner St, Des Plaines, IL 60016

800-814-6700

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LEGAL TERMS

ASSIGNMENT

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

LEASE OPTION

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to b... (more...)

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to buy the house at the end of the lease period for a price established in advance. A lease option is often a good arrangement for a potential home buyer because it lets him move into a house he may buy without having to come up with a down payment or financing at that time.

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.

EXCULPATORY CLAUSE

A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by t... (more...)

A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by the landlord's actions. Most states have laws that void exculpatory clauses in rental agreements, which means that a court will not enforce them.

ESTATE

Generally, all the property you own when you die.

TENANCY IN COMMON

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owner... (more...)

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. In some states, two people are presumed to own property as tenants in common unless they've agreed otherwise in writing.

LIABILITY INSURANCE COVERAGE

Compensation to third parties who are injured or whose property is damaged due to the fault of the insurance holder. You may have liability insurance for your c... (more...)

Compensation to third parties who are injured or whose property is damaged due to the fault of the insurance holder. You may have liability insurance for your car or your home, or to cover actions you take in the course of your profession. Liability polices are sometimes called 'third-party policies.'

COVENANT

A restriction on the use of real estate that governs its use, such as a requirement that the property will be used only for residential purposes. Covenants are ... (more...)

A restriction on the use of real estate that governs its use, such as a requirement that the property will be used only for residential purposes. Covenants are found in deeds or in documents that bind everyone who owns land in a particular development. See covenants, conditions and restrictions.

INVITEE

A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from d... (more...)

A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from dangers on the property. In an example of the perversion of legalese, social guests that you invite into your home are called 'licensees.'

Park Ridge Real Estate Lawyer, Illinois, page 5

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Barbara Canning

Barry O’Lynnger

Barry Springer

Barry Glen Mogil

Barry Lee Ehlers

Barry Gordon Collins

Bernard Hennig

Bonnie Martinez-keating

Brad R Berliner

Bradley Scott Chelin

TIPS

LEGAL TERMS

ASSIGNMENT

LEASE OPTION

INCIDENTS OF OWNERSHIP

EXCULPATORY CLAUSE

ESTATE

TENANCY IN COMMON

LIABILITY INSURANCE COVERAGE

COVENANT

INVITEE

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