In illinois, does the assignment of mortgage have to be executed and recorded prior to filing the foreclosure complaint?
Stephen's answer
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Answered on September 29, 2012
The plaintiff in a foreclosure case is supposed to be the then current holder of the mortgage to be foreclosed. If after the case is filed the...
Archived
If a condo goes into foreclosure will the mortgage company be responsible for the late assessments and fees?
Stephen's answer
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Answered on September 29, 2012
Only if the mortgage company actually takes title to the condominium unit at the end of the proceeding. Most do not.
Archived
I want real estate lawyer.
Stephen's answer
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Answered on September 29, 2012
While I agree with the others who responded, my sense of this situation is that you are a renter and you are now being told you must move. That...
Archived
Does a elderly hospitalized patient in her upper years have any rights concerning her wishes?
Stephen's answer
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Answered on September 29, 2012
While I agree with the others who tried to answer your question, it also depends on what you are relying on to pay for your health care needs...
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My mother passed away 3 yrs ago. My father before her. The last piece of property is a home still in the name of the trust.
Stephen's answer
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Answered on September 29, 2012
Depends on the kind of trust. For example, if it's a land trust, the beneficial interest is personal property and the trustee will tell you what it...
Archived
How do I sell myself my trademark if I convert from an S-corp to sole proprietorship?
Stephen's answer
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Answered on September 24, 2012
There are tax implications for your situation. I agree with the other responder that you really need to talk to an attorney licensed to practice in...
Archived
What is a Quit Claim Deed? And what is the purpose of it?
Stephen's answer
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Answered on September 23, 2012
To supplement what the others have said, just about any deed other than a warranty deed, is a quitclaim deed. Any deed issued by a trustee is in...
Archived
My landlord has given me a five day notice to move what should i do
Stephen's answer
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Answered on September 20, 2012
And, if you are not sure, have an attorney review the notice. It is supposed to have special language that in effect tells you that if you don't...
Archived
What is the correct avenue to take when a property owner's agent refuses to clean-up a black mold problem .
Stephen's answer
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Answered on September 20, 2012
Mold is everywhere; some is worse than others and if allowed to grow unabated can create health issues. Generally it is the tenant's responsibility...
Archived
My condo association is redoing my ceiling due to water damage, are they resposible for temp. housing while being fixed?
Stephen's answer
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Answered on September 20, 2012
Most declarations don't cover this situation specifically, but still should be reviewed just in case. The condominium insurance may cover loss of...
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