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Illinois Condominium Property Act: New Accessible Parking Requirements are now in effect for Condominiums

March 27, 2025

The State of Illinois recently adopted new accessible parking requirements governing existing and newly constructed or converted condominium properties. Section...

The Corporate Transparency Act and its Impact on Commercial Real Estate

March 29, 2024

The Corporate Transparency Act (CTA) went into effect on January 1, 2024. The CTA allows government entities to combat terrorism,...
Illinois Electric Vehicle Charging Act

How the Illinois Electric Vehicle Charging Act is Impacting Residential Real Estate

October 10, 2023

The State of Illinois recently adopted the “Electrical Vehicle Charging Act” (the Act) which was signed by Governor J.B. Pritzker...
Levin Ginsburg’s Real Estate Practice Group

What Are Some of the Ways Levin Ginsburg’s Real Estate Practice Group Can Support You?

September 25, 2023

Levin Ginsburg’s Real Estate Practice Group routinely represents clients in a broad range of transactions and related matters, including property...
Commercial Real Estate

Legal Considerations for Mixed-Use Commercial Real Estate

August 8, 2022

The Covid-19 pandemic resulted in seismic shifts in the way people work, live, shop and engage in recreational activities.  While...
Commercial Leases in the COVID-19 Era

Commercial Leases in the COVID-19 Era

October 7, 2020

2020 is and will continue to be a particularly difficult year for commercial tenants and their landlords. The sudden economic...
REAL ESTATE TAX CONSIDERATIONS FOR COMMERCIAL REAL ESTATE PURCHASE AND SALE AGREEMENTS

REAL ESTATE TAX CONSIDERATIONS FOR COMMERCIAL REAL ESTATE PURCHASE AND SALE AGREEMENTS

September 3, 2019

Since real estate taxes are always due after the period to which they relate (e.g. taxes for 2019 are not...
LIBOR Rate Phase-out — What’s Next?

LIBOR Rate Phase-out — What’s Next?

March 6, 2019

Sometime in 2021, the most important benchmark for setting interest rates on commercial (and many variable rate residential) loans will...
Purchaser Collection of Pre-Closing Rent Deficiency

Purchaser Collection of Pre-Closing Rent Deficiency

June 25, 2018

In the purchase and sale of real property which is leased to tenants, sellers and purchasers must pay particular attention...
Updates to Construction Contracts

Updates to Construction Contracts

October 24, 2017

As is its custom every ten years, the American Institute of Architects (AIA) has released updated versions of many of...