Archived
Do sandwich lease options legal in Illinois? How can I avoid a lawsuit between the Owner and me the Lessor ( Buyer)?
Stephen's answer
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Answered on March 12, 2015
In addition to the other comments, there may be an issue of priority of rights here that could involve recording of applicable instruments to give...
Archived
I live in an 8 unit condo building and my upstairs neighbor is leaking down on me.
Stephen's answer
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Answered on March 12, 2015
Court costs are one thing, but you need to review your condo declaration. This should be an insurance claim against the association for damage to...
Archived
Is it legal as a Real Estate Broker or Agent to do Assignment of Contracts in Real Estate in Illinois?
Stephen's answer
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Answered on March 12, 2015
? Assignments of Contract ? This is a legal function. You can't do that under Illinois law. As a newly licensed agent you will have to affiliate...
There was fire in my unit, fire dept broke neighbors doors to check for the damage. Our landlord is asking us to pay for doors
Stephen's answer
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Answered on March 12, 2015
Your lease will say what you are liable for, and most say if you are the cause of the damage you are liable. No renter's insurance - that is a...
Archived
If real estate was surrendered in Chapter 13 bankruptcy but nothing was signed w/the mortgage co. is it still my responsibility?
Stephen's answer
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Answered on January 19, 2015
O boy. I agree with the others and this is what happens in a DIY procedure. There is no term "surrender" unless you gave a deed in lieu or upon an...
Archived
Can one building of a two building association form their own association.
Stephen's answer
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Answered on November 25, 2014
Owners in distress not paying assessments has been a huge problem since 2008. You should have been given financial information about it if you...
Archived
How do i dispute an eviction, they are being retalitory using this eviction.
Stephen's answer
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Answered on November 25, 2014
There are several defenses, retaliatory being one. Have you called the building department? You may be able to claim also that the building is not...
Archived
Condominium building definition.
Stephen's answer
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Answered on November 25, 2014
I agree with the others. What's you point and what are you trying to accomplish? Each unit may be a "single family dwelling" or something like...
Is Deedgrabber.com a legitimate Real Estate Investing Course?
Stephen's answer
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Answered on November 25, 2014
I briefly looked at the website. It is mainly to invest in tax sales. Tax sales can be one way of "investing" because at least here in Illinois you...
Archived
I have been awarded from the Court in Chicago, IL an Estate home and want to sell it but want the house to be put in my name.
Stephen's answer
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Answered on October 23, 2014
If this is in probate, the administrator or executor should give you a deed that you would record. If you don't know what to do, hire an attorney....
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