There have been no problems with any home inspections. The buyer listed as their reason to want to terminate the contract as "It is unprecedented to pay 11,500 over asking price in this town". I had multiple offers on the house and took the best one. I keep thinking maybe I should just sign the... Read more »
If you are dealing with a contract that provides for an attorney review period, typically the purchaser can terminate for any reason other than the sale price alone. It is not unprecedented, especially in a Seller's market/low inventory market, for parties to pay more than the appraised value.
Once a 5 day has been served, a landlord has no duty to accept late rent and can proceed to file a forcible (entry). In fact, many landlords are advised not to accept late rent if the Landlord wants to proceed with an eviction.
There's more to the process than simply filing the articles,and that is the easiest part of the process. Keep in mind that there are plenty of attorney's that are not capable of property and thoroughly establishing an entity. You would be well advised to work with an attorney that has a thorough...Read more »
We bought condo in 2011 as a second residency. My mother also lives there. There were no concerns about it for 6 years, when condo association fined us $1000 and attorney fees because they claim that it is not our primary residence. Their bylaws do not specify that it needs to be a primary... Read more »
You will need to read the ByLaws, and any amendments, for the HOA to see if there is such a restriction/stipulation. If this is spelled out, there is not much you can do other than attempting to negotiate the amount of the fine or paying the fine outright.
Without more information, your question cannot be answered.
Specifically, is this a large, unsubdivided parcel of land, or is it adjacent lots that make up a larger parcel? If it is a large unsubdivided parcel you would need to obtain a new plat of subdivision describing the area to be...Read more »
In Illinois you can sue for any damages resulting from the negligent conduct of the driver. This would include, but is not limited to, medical bills and lost wages. I strongly suggest that you contact a lawyer immediately so that you get the proper guidance on how to proceed with this matter....Read more »
I am unaware of either of the terms you have referred to, hard and soft, appearing in either of the two most common real estate purchase contracts used in the chicago metro area. If you were to provide the specific language appearing in the contract the question may be capable of answering. Did...Read more »
If and when you have been given an order of possession and the tenant has been legally and forcibly removed from the unit in question, you should contact the building management regarding the removal of the unauthorized vehicle.
Contact the police if you have not given your neighbor permission to enter your yard and remove your dog. A simple "please don't do this anymore" would be a good way to begin the discussion, but if that has already happened and your requests have been ignored, you may wish to contact the police to...Read more »
Without additional information regarding the other resident, it is very difficult to provide advice. For instance, do you rent or own the residence. Is the non contributing party a co-owner or a party listed on the lease agreement. Is there an agreement, written or oral, that the...Read more »
Drive a Jeep Wrangler and my spare tire hanging off the back took the hit. Her hood is damaged but nothing on my car. The car was jerked around and did bump into the median that messed up the alignment. Going in for an ultra sound for my wife to make sure all is ok. Don't want to rack up medical... Read more »
In Illinois, an at fault party is responsible for the payment of medical bills incurred by the injured party. If the events occurred as you have described, then you would have a right to seek reimbursement from the at fault driver for the medical bills incurred to diagnose and treat your pregnant...Read more »
Without having a copy of the lease agreement and knowing more about the nature of the loss and the causation of the fire, it is extremely difficult to provide a meaningful and reliable answer to your question. I would advise that you speak with an attorney with whom you have previously worked or...Read more »
If the company is an "C corp." or "Subchapter S" corporation, you would transfer stock. If the company is an LLC, you would transfer membership units. Membership units are not technically stock or shares but perform the same legal function. You should consult a business formation lawyer to assist...Read more »
This can be done, you should call a lawyer to assist, real estate attorneys like myself routinely take care of these matters. You will need to have a deed prepared and have the deed recorded with the Cook County recorder if the home is in Cook County. A lawyer can explain the banks statement to...Read more »
If your name is not on the Title (Deed) then your signature is not necessary to execute a valid lease. Talk to a lawyer, get a POA so if push comes to shove and you need to evict you have the authority to engage an attorney to do so on behalf of a spouse who may not be able.
The surviving siblings include one who is the executor. The offer to purchase the family home is being made with the condition that a real estate agent will not handle the transaction as a listing/sale, so as to increase the value of the estate to the heirs. How do the remaining siblings handle... Read more »
The absence of a realtor is a plus and results in about a 5 to 6% savings for the estate.
If all of the heirs agree to the terms, including the purchaser/executor, each heir will have to sign the purchase contract agreeing to sell the property to the executor and will need to sign the deed...Read more »
He has told me I have 30 days to get out but she says to stay and that I'm not being evicted. He claims he as the ability because he is her Power of Attorney. He has also tried, as her medical power of attorney, to force her into a nursing home against her will but he found out that he cannot do... Read more »
You will have to see the POA and read the language of the POA to determine under what circumstances it becomes active. POA's are freely revocable (can be cancelled by your Grandma). Without knowing more, I'd say the power to proceed with the forcible (eviction) is 50/50.
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