Legal Considerations for Mixed-Use Commercial Real EstateAugust 8, 2022The Covid-19 pandemic resulted in seismic shifts in the way people work, live, shop and engage in recreational activities. While...
Riparian Rights – Who Owns the Water?October 13, 2021Assume you own a parcel of land that abuts a pond or river. Do you also have rights to the...
Buyers of New Construction Beware: The Breach of Implied Warranty of Habitability in Illinois Further ErodesOctober 6, 2021Historically, the purchaser of a newly constructed home took the property at his or her own risk if they failed...
Champlain Towers South: A tragic case study in the pitfalls of condominium association managementJuly 28, 2021Owning a condominium may seem like an easy alternative to home ownership. Maintenance costs are spread among the condominium associations’...
REAL ESTATE TAX CONSIDERATIONS FOR COMMERCIAL REAL ESTATE PURCHASE AND SALE AGREEMENTSSeptember 3, 2019Since real estate taxes are always due after the period to which they relate (e.g. taxes for 2019 are not...
Lenders, Beware! The Return of the Decade Old ForeclosureAugust 12, 2019What is a bank to do when a former owner challenges a foreclosure proceeding based on the Court’s lack of...
An Unexpected Risk for Banks: The Chicago Residential Landlord and Tenant OrdinanceJuly 16, 2019It is an all too common scenario these days with mortgage foreclosures still commonplace in Chicago: someone leases a single...
Reminder to Chicago Landlords: Tenants Must be Notified of a Pending Foreclosure ActionJuly 25, 2017Under the City of Chicago Residential Landlord Tenant Ordinance (“RLTO”), owners and landlords of residential property located in the City...
