Case summariesJanuary 1999Plaintiffs claimed entitlement to a six percent finder's fee from defendants for procuring a buyer for defendants' landfill business pursuant to an alleged oral contract between the parties. Plaintiffs' four count complaint sought recovery under theories of breach of contract, promissory estoppel, quantum meruit and unjust enrichment.
Custom built home contracts: representing the builderBy Robert J. LaskyJune 1999A. Custom home builder is "a custom builder that...constructs a unique home or building that meets a specific client's needs and desires." National Association of Home Builders.
Editor’s noteMay 1999In this newsletter, we are treated with three interesting articles involving three diverse topics.
Editor’s notesBy Eleanor F. Dein SharpeNovember 1999This issue of Real Property supplies information on both familiar topics and others that may not be familiar to many of us.
Editor’s notesSeptember 1999The first article selected for this issue of Real Property is based on a very recent United States Supreme Court decision and should be of much interest to those practitioners who represent commercial mortgagors or their mortgagees, as well as those involved in mortgage foreclosures.
Editor’s notesBy Gary R. GehlbachJune 1999This issue contains five excellent articles. The first, by Ed Jarot, is an important note on pending Illinois legislation regarding land trusts and of particular interest to attorneys who wish to return to using Illinois land trusts for family gifting purposes, especially to reduce potential taxable estates through annual exclusion gifting.
Editor’s notesMarch 1999This newsletter contains articles on two timely mortgage issues.
Editor’s notesFebruary 1999Both articles selected for this issue of Real Property are based on very recent Illinois appellate court decisions, both come out of the First District and, of particular interest to the real estate practitioner, both are Illinois cases of first impression.
Editor’s notesBy Nancy HyzerJanuary 1999This issue is mainly devoted to a case law update. The case law contributors are members of the Winnebago County Bar Association who concentrate their practices in real estate law.
Highlights of section council meetingsMarch 19991. John O'Brien reported that the Illinois Real Estate Lawyers Association is working on a public relations campaign to preserve and protect the role of the lawyer in real estate transactions.
Illinois land trusts—troubled timesBy Paul A. MeintsMay 1999Anyone who has used an Illinois land trust for gifting in the last 30 years or so should make a concerted effort to study all of the land trust documents before the donor-client dies.
Illinois law relating to tree encroachmentsBy Richard F. BalesNovember 1999Most real estate attorneys and title insurers, when discussing issues concerning encroachments as disclosed by a survey, think in terms of buildings, sheds, or fences.
Important note to real estate practitionersBy Edward J. Jarot, Jr.June 1999Real estate attorneys should be aware that recent legislation which will have a potentially dramatic impact on the relationships and responsibilities among parties to Illinois land trusts is rapidly on its way to becoming Illinois law.
Is it a strip of land or just a right of way?By Don JohnsonJune 1999The significance of this question--Is it a strip of land or just a right of way?--lies in the ownership of the minerals beneath it.
Landowner liability for off-premises injury—a sequelBy Donald L. Shriver & Donald P. ShriverSeptember 1999In our previous article, we discussed the duty on landowners for injuries that occur off of the landowner's property,1 and although clear conclusions could not be drawn, several guiding factors emerged.
Landowner liability to travelers for off-property personal injuryBy Donald L. Shriver & Donald P. ShriverMay 1999This article presents a review of current Illinois law concerning the circumstances under which a landowner may become liable in tort for injuries to persons traveling on adjacent roadways caused by conditions or substances on the owner's property when the injury occurs off of the owner's property or when the injury is caused by an object leaving the owner's property.
Me? A spinster?By Edward F. StanulaMay 1999I recently had a discussion with a client regarding the use of the term spinster to describe her marital status in a mortgage.
Pre-petition distribution of cash by a mortgagor: a fraudulent transfer?By John C. MurrayJune 1999If a debtor is a general or limited single-asset partnership and has made a cash distribution to its partners prior to filing bankruptcy while real estate taxes due on the property remain unpaid, the secured creditor may be able to assert that such action by the debtor constitutes a fraudulent transfer under state or federal law.
Proceed with caution in condemnation actionsBy Jeffrey A. MolletSeptember 1999A recent decision from the appellate court for the Second District may cause municipalities to proceed with more caution in pursuing condemnation actions.
Tax deed trap rescue for redemptorsBy Frederick R. DempseyJanuary 1999Mortgage lenders, property owners and--not infrequently--their legal counsel, have long considered the Property Tax Code provisions governing tax deed procedures to be fraught with peril--and with good reason.
Tenancy by the entiretyBy Myles JacobsJanuary 1999At the real estate update seminar this year there were some questions asked regarding tenancy by the entirety, its creation and what would be the effect on how title was held if the estate was not properly created.
Trends in real estate commissions: Podolsky & Associates, L.P. v. Discipio, 297 Ill. App. 3d 1014, 697 N.E. 2d 840 (1st Dist. 1998)By Deanne Fortna JonesFebruary 1999In a case of first impression, the Illinois appellate court held that a seller can avoid paying brokerage commissions by waiting until the expiration of an exclusive brokerage listing agreement to sell listed property to a buyer not procured by the broker, but known to the seller prior to the agreement's termination, providing the seller's actions are in good faith.