Presumptively Void Transfers to caregivers – A bit of mercy please?By Paul PetersonReal Estate Law, January 2018Compared to the existing financial elder abuse sections in the Probate Act, the Transfer Article has the assumption of guilty until proven innocent, more stringent burdens of proof, stricter punishments and no possibility of judicial leniency. This article asks that the burden of proof be amended, that judges be allowed to void just the transfer to the caregiver where appropriate and be given the same discretion to mitigate the loss of the entire transfer as is given in the other sections dealing with financial elder abuse in the Probate Act.
Real Property Disclosure Reports: Avoiding unnecessary legal risksBy Dan HuntleyReal Estate Law, January 2018Attorneys representing either side of a residential property transaction should be mindful of the liabilities imposed by needlessly completing a Real Property Disclosure Report and should work to minimize risks to all involved.
Agency, Powers of Attorney, co-agency and strict constructionBy Michael J. MaslankaTrusts and Estates, December 2017Transactional attorneys and estate planning attorneys need to be aware of not only the language of the court in In Re Estate of Thomas F. Shelton, but in the Illinois Co-Agency statute.
Reprint of our very first issueReal Estate Law, December 2017Provided for your enjoyment: This section's very first newsletter, from 62 years ago.
Who really regulates attorneys in Illinois?By Ralph J. SchumannReal Estate Law, December 2017In April, 2017, the Illinois Department of Financial and Professional Regulation initiated prosecutions of two Illinois attorneys for alleged violation of the Real Estate Appraisal Licensing Act of 2002. But far from purporting to act as appraisers, or engaging in the development of appraisals, however, the attorneys were engaging in the practice of law.
100th General Assembly grants property tax relief by increasing some exemptionsBy John K. NorrisState and Local Taxation, November 2017With all the political maneuvering and last-minute changes involving the Illinois budget crisis and school funding provisions, one bill was quietly signed into law by Governor Rauner on August 25, 2017 that impacts homeowners: Senate Bill 473, now known as Public Act 100-0401.
Bankrupt widows and widowers beware: In re Jaffe, is out thereBy David A. ZulkeyReal Estate Law, November 2017This case ultimately holds that death of a spouse terminates any interest held in a tenancy-by-the-entirety and, therefore, prohibits that interest in said property from being exempt from collection by a creditor under the Bankruptcy Code and Illinois law.
Non-compliance with city ordinance is a viable defense to a forcible entry and detainer actionBy Adrian ZenoReal Estate Law, October 2017On March 31, 2017, the 1st District Illinois Appellate Court ruled on whether an owner’s non-compliance with Chicago's “Protecting Tenants in Foreclosure Rental Property Ordinance” is a viable defense to a forcible entry and detainer action.
Articles, articles, articles!By Michael J. MaslankaReal Estate Law, September 2017Consider writing for this newsletter.
Regulatory taking: A review of Murr v. WisconsinBy Barbara Starke TishukReal Estate Law, September 2017In June 2017, the United States Supreme Court established a new—and potentially unwieldy—test for defining the unit of property subject to an alleged regulatory taking.
To record or not to record, that is the questionBy John C. Robison, Jr.Real Estate Law, September 2017Author John C. Robison Jr. recently submitted mineraldeeds, both lackingacknowledgments, to recordersintwoseparatecounties.Bothrecordersrejectedthedeedsforrecordingbecausetheylackedanacknowledgment.
Title insurance fees O.K.By Philip J. VaccoReal Estate Law, August 2017A closer look at the appellate court’s rationale behind its decision in Chultem v. Ticor Title Ins. Co.
Agency, Powers of Attorney, co-agency and strict constructionBy Michael J. MaslankaReal Estate Law, July 2017Transactional attorneys and estate planning attorneys need to be aware of not only the language of the court in In Re Estate of Thomas F. Shelton, but in the Illinois Co-Agency statute.
Keep litigious proclivities out of real estate transactionsBy Colleen L. SahlasReal Estate Law, July 2017A litigator’s strategies may be effective in litigation, but in a residential real estate deal they can backfire, be destructive, and even jeopardize your client’s contractual rights.
Avoiding liabilities when working alongside real estate agentsBy Colleen L. SahlasReal Estate Law, May 2017Working relationships between attorneys and agents in real estate can often be positive and valuable. But it’s critical to understand and address the roles between agents and attorneys, define the boundaries, and be wary of potential liabilities that could result from working alongside them.
The costs of condominium documents and disclosures in condo salesBy Adam B. WhitemanReal Estate Law, May 2017There is growing concern among real estate practitioners that management companies view these charges as a gravy train in that most of the information being provided is completely automated. In light of this automated method of delivery, is a $300-$500 fee really “reasonable”?
Drones, federal and Illinois law, surveillance and the Fourth Amendment –Ad coelom et ad inferos?By Elizabeth AustermuehleReal Estate Law, April 2017This article examines the intersection of property owners’ rights and drone operators’ rights, and highlights some of the wide ranging societal repercussions that may result from increased commercial and governmental drone usage in the coming years.
A tip to ingratiate yourself with real estate purchasing clientsBy Michael J. MaslankaReal Estate Law, April 2017In light of Galinas v. The Barry Quadrangle Condominium Association, et al, townhome/condo purchasers should look into buying homeowner's insurance, even though the Association has its own policy.
Do good fences make good neighbors?By Joel L. ChupackReal Estate Law, February 2017What does a good neighbor do if they want a fence, but there is a recorded restriction that states “NO FENCE OF ANY KIND SHALL BE COMMENCED, ERECTED OR MAINTAINED IN SAID SUBDIVISION ON ANY RESIDENTIAL LOT”?