Round Lake Real Estate Lawyer, Illinois

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James Nicodemus
About | Practice Areas
The Law Offices of James Nicodemus
2700 Patriot Blvd Suite 250 Glenview, IL 60026» view map
Real Estate Law
Experienced Real Estate Lawyer

When you need accurate representation, whether it’s a divorce lawyer, family lawyer or child custody attorney, James Nicodemus is there for you.

800-986-5891
1. James Nicodemus Glenview, IL
  Attorney at Law - IL, 1992
  John Marshall Law School 1992
2. AboutThe Law Offices of James Nicodemus
  Over 25 years of experience.
3. Practice AreasExpertise
  Real Estate Law
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Hilary J. Negele

Real Estate, Wills, Bankruptcy

Status: In Good Standing

CONTACT

444 N Cedar Lake Rd, Round Lake, IL 60073

Joseph Matthew Menges

Commercial Real Estate, Estate Planning, Civil Rights

Status: In Good Standing Licensed: 12 Years

CONTACT

26460 N Main St, Barrington, IL 60084

Roald Gilman Johnson

Real Estate, Estate

Status: In Good Standing Licensed: 62 Years

CONTACT

74 East Grand Ave, Fox Lake, IL 60020

R. Gilman Johnson

General Practice

Status: In Good Standing Licensed: 62 Years

CONTACT

74 E Grand Ave, Fox Lake, IL 60020

Howard R. Teegen

Construction, Litigation, Contract, Business Organization

Status: In Good Standing Licensed: 53 Years

CONTACT

74 E Grand Ave, Fox Lake, IL 60020

Julio C. Argueta

Residential Real Estate, Real Estate, Traffic, Litigation, Criminal

Status: In Good Standing Licensed: 24 Years

CONTACT

74 E Grand Ave, Fox Lake, IL 60020

David J. Bawcum

Construction, Criminal, Insurance, Corporate

Status: In Good Standing Licensed: 19 Years

CONTACT

74 E Grand Ave, Fox Lake, IL 60020

Leo Joseph Delaney

Real Estate, Wills & Probate, Estate Planning, Transactions, Business & Trade

Status: In Good Standing Licensed: 37 Years

CONTACT

2 South Whitney Street, Grayslake, IL 60030

Judy Deangelis

Real Estate, Transactions

Status: In Good Standing Licensed: 38 Years

CONTACT

767 Walton Lane, Grayslake, IL 60030

Judy Lynn Deangelis

Real Estate, Transactions

Status: In Good Standing Licensed: 38 Years

CONTACT

767 Walton Lane, Grayslake, IL 60030

800-923-0641

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LEGAL TERMS

UNCONSCIONABILITY

A seller's taking advantage of a buyer due to their unequal bargaining positions, perhaps because of the buyer's recent trauma, physical infirmity, ignorance, i... (more...)

A seller's taking advantage of a buyer due to their unequal bargaining positions, perhaps because of the buyer's recent trauma, physical infirmity, ignorance, inability to read or inability to understand the language. The unfairness must be so severe that it is shocking to the average person. It usually includes the absence of any meaningful choice on the part of the buyer and contract terms so one-sided that they unreasonably favor the seller. A contract will be terminated if the buyer can prove unconscionability.

ASSIGNEE

A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the leas... (more...)

A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the lease expires. The assignee takes control of the property and assumes all the legal rights and responsibilities of the tenant, including payment of rent. However, the original tenant remains legally responsible if the assignee fails to pay the rent.

FUTURE INTEREST

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian,... (more...)

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian, but only after the death of his wife, Hillary. Marian has a future interest in the house.

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

GROSS LEASE

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintena... (more...)

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a 'gross lease with stops,' meaning that the tenant will pitch in if the landlord's operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the 'stop level,' because that's where the landlord's share of the costs stops.

COVENANTS, CONDITIONS & RESTRICTIONS (CC&RS)

The restrictions governing the use of real estate, usually enforced by a homeowners' association and passed on to the new owners of property. For example, CC&Rs... (more...)

The restrictions governing the use of real estate, usually enforced by a homeowners' association and passed on to the new owners of property. For example, CC&Rs may tell you how big your house can be, how you must landscape your yard or whether you can have pets. If property is subject to CC&Rs, buyers must be notified before the sale takes place.

PRIVATE MORTGAGE INSURANCE (PMI)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortga... (more...)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortgage plus the costs of the sale). A home buyer who makes less than a 20% down payment may have to purchase PMI.

RIGHT OF SURVIVORSHIP

The right of a surviving joint tenant to take ownership of a deceased joint tenant's share of the property. See joint tenancy.

EMINENT DOMAIN

The power of the federal or state government to take private property for a public purpose, even if the property owner objects. The Fifth Amendment to the Unite... (more...)

The power of the federal or state government to take private property for a public purpose, even if the property owner objects. The Fifth Amendment to the United States Constitution allows the government to take private property if the taking is for a public use and the owner is 'justly compensated' (usually, paid fair market value) for his or her loss. A public use is virtually anything that is sanctioned by a federal or state legislative body, but such uses may include roads, parks, reservoirs, schools, hospitals or other public buildings. Sometimes called condemnation, taking or expropriation.

Round Lake Real Estate Lawyer, Illinois

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Hilary J. Negele

Joseph Matthew Menges

Roald Gilman Johnson

R. Gilman Johnson

Howard R. Teegen

Julio C. Argueta

David J. Bawcum

Leo Joseph Delaney

Judy Deangelis

Judy Lynn Deangelis

TIPS

LEGAL TERMS

UNCONSCIONABILITY

ASSIGNEE

FUTURE INTEREST

DIVIDEND

GROSS LEASE

COVENANTS, CONDITIONS & RESTRICTIONS (CC&RS)

PRIVATE MORTGAGE INSURANCE (PMI)

RIGHT OF SURVIVORSHIP

EMINENT DOMAIN

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