Effective January 1, 2018, a new Illinois law will take effect which substantially changes legal requirements for selling real estate via installment payments, generally known as a contract for deed. The law does not apply to agricultural property or property over 4 acres. It also does not apply to any individual who sells less than 3 properties on installment contracts in any 12 month period.
Legal Blog of Thaddeus M. Bond, Jr. Associates
Serving Waukegan, Libertyville, Lake County, Gurnee & nearby areas of Illinois
Recently received this announcement from the Lake County Recorder of Deeds:
Evictions for Lease Violations Other Than Non-Payment of Rent
The sale of real estate will most likely be the one of the largest, most important financial transaction of your life.
The purchase of real estate will most likely be the largest, most important financial transaction of your life. In order to ensure the smooth and proper handling of such a transaction, the purchaser should consult with a Lake County real estate attorney prior to the signing of a contract.
When operating a small business, you need a support team of professionals. Most owners will automatically retain a CPA or tax adviser to help them deal with the financial aspects of the business. A business attorney should also be a part of your team. The costs associated with hiring a good law firm will save you money in the long run and will help provide you with peace of mind.
Some of the things you should have a lawyer assist you with:
Selecting a lawyer who is the best fit for you is very important. You will be addressing serious and sensitive matters and will likely be working regularly with that person for months if not years.
Thinking they can save money, many landlords attempt to complete the eviction process by themselves and without representation by an experienced eviction attorney. They often find that the procedures are difficult and that even a simple error can delay the eviction of a non-paying tenant for weeks and even months.
This is not a simple question to answer. The main factor will be whether your divorce is uncontested or contested. If you and your spouse have reached agreement on everything in your case, possibly after voluntarily participating in mediation, you could complete an uncontested divorce in less than two months.