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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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7. Profile

Barbara Anne Adams

Real Estate, Civil & Human Rights, Banking & Finance, Business

Status: Licensed: 42 Years

CONTACT

9501 West Devon Avenue, Des Plaines, IL 60018

Barbara Michaeline Demos

Real Estate, Government, Elder Law, Transactions

Status: Licensed: 33 Years

CONTACT

4746 N Milwaukee Ave, Chicago, IL 60630

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

800-814-6700

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LEGAL TERMS

QUITCLAIM DEED

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transfer... (more...)

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, however. For example, a divorcing husband may quitclaim his interest in certain real estate to his ex-wife, officially giving up any legal interest in the property. Compare grant deed.

CO-TENANTS

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreemen... (more...)

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreement, which includes paying the entire rent if the other tenant skips town and paying for damage caused by the other tenant.

OFFER

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some... (more...)

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some essential terms--including the price and subject matter of the contract--and must be communicated by the person making the offer. A legally valid acceptance of the offer will create a binding contract.

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.

LEASE

An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an ... (more...)

An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an apartment or business property) or personal property (such as a car or a boat). A lease should cover basic issues such as when the lease will begin and end, the rent or other costs, how payments should be made, and any restrictions on the use of the property. The property owner is often called the 'lessor,' and the person using the property is called the 'lessee.'

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

MEMORANDUM

(1) An informal written document. A memorandum may be used in any number of circumstances, but most lawyers are best acquainted with the interoffice memorandum-... (more...)

(1) An informal written document. A memorandum may be used in any number of circumstances, but most lawyers are best acquainted with the interoffice memorandum--a document prepared by a junior associate in a law office or a judge's law clerk outlining the facts, procedural elements and legal arguments involved in a particular legal matter. These memos are reviewed by senior lawyers and judges who use them to decide how to proceed with the case. (2) Any written record, including a letter or note, that proves that a contract exists between two parties. This type of memo may be enough to validate an oral (spoken) contract that would otherwise be unenforceable because of the statute of frauds. (Under the statute of frauds, an oral contract is invalid if it can't be completed within one year from the date the contract is made.)

MONTH-TO-MONTH TENANCY

A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper am... (more...)

A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper amount of written notice (usually 30 days) to terminate the agreement. Some landlords prefer to use month-to-month tenancies because it gives them the right to raise the rent after giving proper notice. This type of rental also provides a landlord with an easy way to get rid of troublesome tenants, because in most states month-to-month tenancies can be terminated for any reason.

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

Park Ridge Real Estate Lawyer, Illinois, page 5

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Barbara Anne Adams

Barbara Michaeline Demos

Barbara Canning

Barry O’Lynnger

Barry Springer

Barry Glen Mogil

Barry Lee Ehlers

Barry Gordon Collins

Bernard Hennig

Bonnie Martinez-keating

TIPS

LEGAL TERMS

QUITCLAIM DEED

CO-TENANTS

OFFER

INCIDENTS OF OWNERSHIP

LEASE

APPRAISAL

MEMORANDUM

MONTH-TO-MONTH TENANCY

APPRECIATION

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