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Questions Answered by Kori Maria Bazanos
3 Answers | Asked in Real Estate Law for Illinois on
Q: How can I sell off my condo without my mother's presence?

I recently paid off the mortgage to my condo that my mother also has a name to it. We've been wanting to sell our condo for awhile, but when the pandemic hits, my mother doesn't want to do any travelling. She resides in Georgia. I live in the condo in Illinois. Both of our names are on... View More

Kori Maria Bazanos
Kori Maria Bazanos
answered on Sep 21, 2021

Sellers typically do not attend the closings of the sale of the property. The sellers will execute the requisite closing documents in advance. Though I do not know the precise details of your proposed sale, I believe your mother can most likely execute the requisite documents in Georgia and send... View More

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2 Answers | Asked in Real Estate Law for Illinois on
Q: i am selling house, i am only one on title. on selling documents realtor put me and my wife as seller, is it ok

should i ask for my wife to be removed from selling documents since i am only one on title to make things easier, and if she is on agreement as a seller can it make it more difficult for tax paperwork (or anything else like that)

Kori Maria Bazanos
Kori Maria Bazanos
answered on May 13, 2020

If this is your principal residence, your wife has homestead rights in the house and she will need to release those rights on the deed. You should hire an attorney to represent you with this transaction, and that attorney can explain these homestead rights more fully to you.

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1 Answer | Asked in Real Estate Law for Illinois on
Q: In Illinois, can I back out of the sale of my house? I discovered a erroneous lien and need it released.

Realtor says I still have to sell.

Kori Maria Bazanos
Kori Maria Bazanos
answered on Jan 20, 2020

Generally, real estate sales contracts require the seller to deliver good and merchantable title to the buyer, which means conveying title clear of liens. It sounds like there is a lien that you would like to challenge. You should discuss the lien with the attorney representing you with the... View More

2 Answers | Asked in Bankruptcy and Real Estate Law for Illinois on
Q: what is the homestead exemption in illinois if there is 4 names on the deed? I know illinois allows $15,000 for single

what is the homestead exemption in illinois if there is 4 names on the deed? I know illinois allows $15,000 for single and $30,000 for married, but it doesnt really specify for too much of anything else

Kori Maria Bazanos
Kori Maria Bazanos
answered on Oct 26, 2019

735 ILCS 5/12-901 provides that "If 2 or more individuals own property that is exempt as a homestead, the value of the exemption of each individual may not exceed his or her proportionate share of $30,000 based upon percentage of ownership." This Section further provides that it" is... View More

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2 Answers | Asked in Real Estate Law for Illinois on
Q: in Illinois if the house next to me is for sale, does the realtor have to have the property surveyed if i request it.

i know that the property line isn't at the current fence line. i want to know the exact line for myself and so the new owner won't be misled thinking they own for than they do.

Kori Maria Bazanos
Kori Maria Bazanos
answered on May 28, 2019

Your neighbor most likely will order a survey for the buyer of their property. However, your neighbor (or the buyer or their property) is under no obligation to share that survey with you. The new buyer may purchase the property, aware that the fence encroaches on your property. If you are... View More

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2 Answers | Asked in Real Estate Law for Illinois on
Q: In a home sale can a real estate agent that is acting as a Dual agent represent the buyer at closing, in state of IL?
Kori Maria Bazanos
Kori Maria Bazanos
answered on May 2, 2019

No. To do so would be considered the unauthorized practice of law.

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1 Answer | Asked in Real Estate Law for Illinois on
Q: How do I transfer ownership of my house without a sale?
Kori Maria Bazanos
Kori Maria Bazanos
answered on Oct 5, 2018

You may transfer any rights you have in the house by way of a quit claim deed. I recommend that you retain an attorney to assist you with this, to ensure it is done properly.

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