Summit Argo Real Estate Lawyer, Illinois

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Michael A. Carin

Premises Liability, Personal Injury, Car Accident, Accident & Injury
Status:  In Good Standing           

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Daniel William Witous

Real Estate, Estate, Divorce & Family Law, Business
Status:  In Good Standing           

George J. Witous

Real Estate, Estate Planning, Estate, Family Law
Status:  In Good Standing           

Alan Don Dineff

Real Estate
Status:  In Good Standing           Licensed:  39 Years

Terrence Patrick Faloon

Condominiums, Litigation, Transactions, Business
Status:  In Good Standing           Licensed:  36 Years

Terrence Faloon

Condominiums, Litigation, Transactions, Business
Status:  In Good Standing           Licensed:  36 Years

Martin Doorhy

Condominiums, Civil Rights, Transactions, Bankruptcy
Status:  In Good Standing           

John Russell Mcculloh

Landlord-Tenant, Estate Planning, Transactions, Banking & Finance
Status:  In Good Standing           Licensed:  44 Years

Timothy M Foley

Land Use & Zoning, Municipal, Transactions, Business
Status:  In Good Standing           Licensed:  14 Years

Timothy Foley

Land Use & Zoning, Municipal, Transactions, Business
Status:  In Good Standing           Licensed:  14 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

INHERITORS

Persons or organizations who receive property from someone who dies.

EXECUTRIX

An old-fashioned term for a female executor--the person named in a will to handle the distribution of the deceased person's property. Now, whether male or femal... (more...)
An old-fashioned term for a female executor--the person named in a will to handle the distribution of the deceased person's property. Now, whether male or female, this person is called either the executor or the personal representative.

GOODS & CHATTELS

See personal property.

COMMERCIAL FRUSTRATION

An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can bre... (more...)
An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can break a lease if the property she agreed to rent accidentally burns down before the tenants move in.

CAUSE OF ACTION

A specific legal claim -- such as for negligence, breach of contract or medical malpractice -- for which a plaintiff seeks compensation. Each cause of action is... (more...)
A specific legal claim -- such as for negligence, breach of contract or medical malpractice -- for which a plaintiff seeks compensation. Each cause of action is divided into discrete elements, all of which must be proved to present a winning case.

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)
A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

INDISPENSABLE PARTY

A person or entity (such as a corporation) that must be included in a lawsuit in order for the court to render a final judgment that will be just to everyone co... (more...)
A person or entity (such as a corporation) that must be included in a lawsuit in order for the court to render a final judgment that will be just to everyone concerned. For example, if a person sues his neighbors to force them to prune a tree that poses a danger to his house, he must name all owners of the neighboring property in the suit.

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.

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.