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In this article, we’ll discuss what a real estate attorney does for the buyers and sellers, whether a real estate attorney is required in Illinois, and some specific reasons why having a real estate attorney in Illinois will save you a lot of potential headaches.
Buying or selling a home can be an exciting and infuriating process. All the negotiations, contracts, inspections, and legal hurdles can leave a person emotionally exhausted.
The list of problems that can arise during a real estate transaction is lengthy and without an attorney to handle those problems, should they arise, the process can be scary. Beyond issues that can happen with any real estate transaction, certain scenarios nearly demand to have an experienced attorney. Below we’ll cover five common scenarios when, as a seller or buyer, you should hire a real estate attorney and what you risk by not having one on your side.
In this article, we discuss if you can sue your landlord for negligent security. We will answer the following questions:
Tenancy at sufferance occurs when a tenant stays in a rental property without the landlord’s permission after their lease has expired. This precarious legal state, neither full tenancy nor outright trespassing, presents a myriad of challenges and questions for both landlords and tenants. Our comprehensive guide demystifies this complex situation, explaining the legalities, financial implications, and strategies for resolution. We’ll delve into the definition, handling, and preventative measures of “tenancy at sufferance - what is it?” to arm you with the knowledge needed to navigate these murky waters.
When you sell or purchase a home, your realtor will usually present you with a widely used form contract. The realtor will have the ability to customize that form to fit your needs. The contract will typically provide that each party's attorney will have 5 business days to (1) approve the contract; (2) reject the contract; or (3) negotiate modifications to the contract.
During this 5 day period, the contract is contingent upon attorney approval. If your attorney fails to reject or seek to modify the contract within the 5 day period, the contract will automatically be binding upon you after the 5 day period expires.
Tenancy at sufferance occurs when a tenant stays in a rental property without the landlord’s permission after their lease has expired. This precarious legal state, neither full tenancy nor outright trespassing, presents a myriad of challenges and questions for both landlords and tenants. Our comprehensive guide demystifies this complex situation, explaining the legalities, financial implications, and strategies for resolution. We’ll delve into the definition, handling, and preventative measures of “tenancy at sufferance - what is it?” to arm you with the knowledge needed to navigate these murky waters.
This article will discuss:
In this article, we discuss if you can sue your landlord for negligent security. We will answer the following questions:
In this article, we explain how to fund a buy-sell agreement. We answer the question, “how do buy-sell agreements work?” and explain alternative methods to raise capital for buy-sell agreements, such as: using life insurance to fund a buy-sell agreement, using a cash account to fund a buy-sell agreement, using a bank loan to fund a buy-sell agreement, and using installment payments to fund a buy-sell agreement.
In this article, we explain how to fund a buy-sell agreement. We answer the question, “how do buy-sell agreements work?” and explain alternative methods to raise capital for buy-sell agreements, such as: using life insurance to fund a buy-sell agreement, using a cash account to fund a buy-sell agreement, using a bank loan to fund a buy-sell agreement, and using installment payments to fund a buy-sell agreement.
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