Evergreen Park Real Estate Other Lawyer, Illinois, page 2

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Includes: Commercial Leasing, Commercial Real Estate, Condominiums, Conveyancing, Housing & Urban Development, Premises Liability, Residential Real Estate, Title Insurance

Suellen Marie Kelley-bergerson

Commercial Real Estate, Real Estate, Government, Transactions
Status:  In Good Standing           Licensed:  47 Years

Jenny Marie Cruz

Commercial Real Estate, Landlord-Tenant, Estate Planning, Family Law
Status:  In Good Standing           Licensed:  23 Years

Kevin P. Cunningham

Real Estate Other, Traffic, Divorce & Family Law, Criminal
Status:  In Good Standing           

Lawrence George Leibforth

Commercial Real Estate, Real Estate, Transactions, Civil Rights
Status:  In Good Standing           Licensed:  40 Years

Lawrence Leibforth

Commercial Real Estate, Real Estate, Transactions, Civil Rights
Status:  In Good Standing           Licensed:  40 Years

Patrick Joseph Garrity

Other, Commercial Real Estate, Government, Civil & Human Rights
Status:  In Good Standing           Licensed:  34 Years

Patrick Garrity

Other, Commercial Real Estate, Government, Civil & Human Rights
Status:  In Good Standing           Licensed:  34 Years

Gerald Leroy Berlin

Transactions, Condominiums, Commercial Real Estate
Status:  Suspended           Licensed:  40 Years

Daniel William Witous

Estate Planning, Business, Commercial Real Estate, Transactions
Status:  In Good Standing           Licensed:  28 Years

Lorenzo Davis

Commercial Real Estate, Family Law, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  34 Years

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LEGAL TERMS

TENANCY IN COMMON

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owner... (more...)
A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. In some states, two people are presumed to own property as tenants in common unless they've agreed otherwise in writing.

DIRECTOR

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important bus... (more...)
A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important business decisions -- especially those that legally bind the corporation -- leaving day-to-day management to officers and employees of the corporation. For example, a decision to borrow money, lease an office or buy real property would normally be authorized by the board of directors. However, in the small business world, where it is common for owners to be directors, officers and employees simultaneously, distinctions dividing the roles and responsibilities of these groups are often blurred.

LIQUID ASSETS

Business property that can be quickly and easily converted into cash, such as stock, bank accounts and accounts receivable.

OFFER

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some... (more...)
A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some essential terms--including the price and subject matter of the contract--and must be communicated by the person making the offer. A legally valid acceptance of the offer will create a binding contract.

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.

ASSIGNMENT

A transfer of property rights from one person to another, called the assignee.

LICENSE (OF INVENTION, COPYRIGHT OR TRADEMARK)

A contract giving written permission to use an invention, creative work or trademark. A license provides a way to make money from your invention or creative wor... (more...)
A contract giving written permission to use an invention, creative work or trademark. A license provides a way to make money from your invention or creative work without having to manufacture and sell copies yourself. By licensing an invention or work to a company, you get money (often in the form of royalties) in return for allowing the company to use, produce and sell copies of your invention or work in the marketplace.

BREACH OF CONTRACT

A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our con... (more...)
A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our contract by using substandard supplies when he repaired my roof.'

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.

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