Whether foreign citizens are buying and selling pied-a-terres, vacation or second, even third homes here in the States, they are, quite clearly, a highly valuable target segment in the luxury home market.
To the unfamiliar, a Chapter 13 plan is a cumbersome document that could negatively impact one’s rights. A Chapter 13 plan must treat all of a debtor’s creditors, both secured and unsecured. Treatment, however, does not necessarily mean full payment.
Some commission structures are simple and straightforward. Others, such as continuing commissions on a commercial lease, can be more complicated. But one thing they all have in common – they must be properly written and executed in order to be enforceable.
Real estate investors and developers are often well versed in assessing properties, analyzing cap rates, zoning issues, property tax concerns and other matters related to real estate due diligence. Yet they often overlook, or give little importance to, the structure of their business and the framework they establish for the ownership of the properties they… Read more »
We reviewed the matter, and are featured in the ‘Legal Updates’ section of the CAI webpage: http://www.cai-illinois.org/association-disclosures-section-22-1-illinois-condominium-property-act/
Catch our radio spots, now playing on WFMT-98.7 FM. Listen for us during morning drive time, Monday through Friday.
Congratulations to our client, BEx LLC, a leading developer of FX trading solutions, on its successful collaboration with Northern Trust. We’re pleased to have been a part of the legal team that worked to bring this major business advancement deal to fruition. We invite you to contact Erwin Law to discuss how we can help grow your company. Read… Read more »
at an ACTHA-hosted seminar, Tuesday, May 3, from 7 – 8:30pm, at Countryside Bank, 6734 Joliet Road in Countryside. Free for ACTHA Members; $20 for non-members.
Question: What constitutes “proper purpose” under Section 19 of the Illinois
Condominium Property Act (Section 1-30 under the Illinois Common Interest Community Association Act)?
How to affect a smooth transition.