We are a landlord’s rights firm, choosing to represent only residential property owners and not tenants (we do represent commercial tenants). A frequent mistake that we see is landlords failing to renew their leases in writing at or prior to the time they expire. When they have a good paying tenant, many landlords want to avoid causing problems by simply letting the tenant continue under the terms of the written lease as they currently exist.
Legal Blog of Thaddeus M. Bond, Jr. Associates
Serving Waukegan, Libertyville, Lake County, Gurnee & nearby areas of Illinois
When most people think of lawyers, they assume they spend a lot of their time in court, litigating disputes on behalf of their clients. In reality, a great deal of the practice of family law involves non-litigated resolution of disputes. Approximately 95% of all civil cases are settled and do not make it all the way to a trial. Our attorneys always try to negotiate with opposing counsel to see if the dispute can be settled on mutually agreeable terms. Such resolutions save the parties money, time and the stress of being in court.
In today’s video blog, attorney Ted Bond, Jr. discusses using Cash For Keys to resolve mortgage foreclosure, tenant eviction and property tax foreclosure cases.
It could take only a few months if you and your soon to be former spouse agree on everything, possibly after voluntarily participating in mediation, and/or there are no minor children and/or not a lot of assets to split up. It could also take many years if the marital estate is complex and/or there are issues relating to parenting responsibilities and child custody.
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.
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: