Long Grove Landlord-Tenant Lawyer, Illinois

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Bonnie Spaccarelli Hannon

Landlord-Tenant, Land Use & Zoning, Estate Planning, Elder Law
Status:  In Good Standing           

Barry Mortge

Commercial Real Estate, Landlord-Tenant, Litigation, Civil & Human Rights
Status:  In Good Standing           

Barry I. Mortge

Commercial Real Estate, Landlord-Tenant, Litigation, Banking & Finance
Status:  In Good Standing           

Lara Anderson

Litigation, Landlord-Tenant, Municipal, Commercial Real Estate
Status:  In Good Standing           Licensed:  33 Years

Lara Ann Anderson

Landlord-Tenant, Real Estate, Litigation, Municipal
Status:  In Good Standing           Licensed:  33 Years

Julie A. Jacobson

Commercial Real Estate, Landlord-Tenant, Litigation, Civil Rights
Status:  In Good Standing           Licensed:  24 Years

Omeesha Srivastava

Landlord-Tenant, Social Security, Transactions, Collection
Status:  In Good Standing           Licensed:  21 Years

Omeesha Srivastava

Landlord-Tenant, Social Security, Transactions, Collection
Status:  In Good Standing           Licensed:  21 Years

Mark Herrick

Landlord-Tenant, Litigation, Estate Planning, Corporate
Status:  In Good Standing           Licensed:  26 Years

Mark A. Herrick

Landlord-Tenant, Litigation, Estate Planning, Personal Injury
Status:  In Good Standing           Licensed:  26 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

NULLA BONA

Latin for 'no goods.' This is what the sheriff writes when she can find no property to seize in order to pay off a court judgment.

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)
A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

SPECIFIC PERFORMANCE

A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the ... (more...)
A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the winner.

TESTAMENTARY DISPOSITION

Leaving property in a will.

LOAN BROKER

A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and eff... (more...)
A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and effective way to find the cheapest mortgage rates.

QUASI-COMMUNITY PROPERTY

A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired togeth... (more...)
A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired together in the non-community property state may be considered quasi-community property. Quasi-community property is treated just like community property when one spouse dies or if the couple divorces.

PRECEDENT

A legal principle or rule created by one or more decisions of a state or federal appellate court. These rules provide a point of reference or authority for judg... (more...)
A legal principle or rule created by one or more decisions of a state or federal appellate court. These rules provide a point of reference or authority for judges deciding similar issues in later cases. Lower courts must apply these rules when faced with similar legal issues. For example, if the Montana Supreme Court decides that a certain type of employment contract overly restricts the right of the employee to quit and get another job, all other Montana courts must apply this same rule.

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.

BOND

(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in ... (more...)
(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in court, providing good title to a piece of real estate or completing a construction project. If the person who purchased the bond fails at his or her task, the bonding company will pay the aggrieved party an amount up to the value of the bond. (2) An interest-bearing document issued by a government or company as evidence of a debt. A bond provides pre-determined payments at a set date to the bond holder. Bonds may be 'registered' bonds, which provide payment to the bond holder whose name is recorded with the issuer and appears on the bond certificate, or 'bearer' bonds, which provide payments to whomever holds the bond in-hand.

SAMPLE LEGAL CASES

Suburban Auto Rebuilders, Inc. v. Associated Tile Dealers Warehouse, Inc.

... The lease contained a right of first refusal, which provided that "Landlord [Associated] will give Tenant [Suburban] First Right of Refusal if Landlord intends to sell the property. Landlord will give Tenant 30 day[s] notice of intent ...

Dubey v. Public Storage, Inc.

... Dubey notes that the trial court's decision finding the limitation provision of the rental agreement to be an exculpatory clause and void for public policy reasons in violation of the Landlord and Tenant Act (765 ILCS 705/0.01 (West 1998)), was issued on May 8, 2007. ...

Landis v. Marc Realty, LLC

... More than four years after they vacated their apartment, plaintiffs Ken and Ana 302 Landis filed suit against defendants Marc Realty, LLC, and Elliott Weiner, for the damages provided for in subsection (f) of section 5-12-080 of the Chicago Residential Landlord and Tenant ...