Longview Landlord-Tenant Lawyer, Illinois
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Donald R. Parkinson
Landlord-Tenant, Traffic, Divorce, Civil Rights
Status: In Good Standing Licensed: 52 Years
123 W Main St, Urbana, IL 61801
Profile LAWPOINTS™34/100
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Donald Parkinson
Landlord-Tenant, Traffic, Divorce, Criminal, Civil Rights
Status: In Good Standing Licensed: 52 Years
123 W Main St, Urbana, IL 61801
Profile LAWPOINTS™34/100
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306 West Church Street, Champaign, IL 61820
Profile LAWPOINTS™32/100
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504 S Lynn St, Champaign, IL 61820
Profile LAWPOINTS™27/100
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LEGAL TERMS
REAL PROPERTY
Another term for real estate. It includes land and things permanently attached to the land, such as trees, buildings, and stationary mobile homes. Anything that... (more...)
Another term for real estate. It includes land and things permanently attached to the land, such as trees, buildings, and stationary mobile homes. Anything that is not real property is termed personal property.
FORECLOSURE
The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.
DEEP LINK
A link from one website to another that bypasses the second website's home page and takes the user directly to an internal page on the site. For example, a deep... (more...)
A link from one website to another that bypasses the second website's home page and takes the user directly to an internal page on the site. For example, a deep link from Yahoo might take the user directly to a news article on a news site instead of linking to the home page of the site.
SUBLEASE
A rental agreement or lease between a tenant and a new tenant (called a sublessee) who will either share the rental or take over from the first tenant. The subl... (more...)
A rental agreement or lease between a tenant and a new tenant (called a sublessee) who will either share the rental or take over from the first tenant. The sublessee pays rent directly to the tenant. The tenant is still completely responsible to the landlord for the rent and for any damage, including that caused by the sublessee. Most landlords prohibit subleases unless they have given prior written consent. Compare assignment.
NONDISCLOSURE AGREEMENT
A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper a... (more...)
A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper authorization. Nondisclosure agreements are often used when a business discloses a trade secret to another person or business for such purposes as development, marketing, evaluation or securing financial backing. Although nondisclosure agreements are usually in the form of written contracts, they may also be implied if the context of a business relationship suggests that the parties intended to make an agreement. For example, a business that conducts patent searches for inventors is expected to keep information about the invention secret, even if no written agreement is signed, because the nature of the business is to deal in confidential information.
ARBITRATION
A non-court procedure for resolving disputes using one or more neutral third parties -- called the arbitrator or arbitration panel. Arbitration uses rules of ev... (more...)
A non-court procedure for resolving disputes using one or more neutral third parties -- called the arbitrator or arbitration panel. Arbitration uses rules of evidence and procedure that are less formal than those followed in trial courts, which usually leads to a faster, less-expensive resolution. There are many types of arbitration in common use: Binding arbitration is similar to a court proceeding in that the arbitrator has the power to impose a decision, although this is sometimes limited by agreement -- for example, in 'hi-lo arbitration' the parties may agree in advance to a maximum and minimum award. In non-binding arbitration, the arbitrator can recommend but not impose a decision. Many contracts -- including those imposed on customers by many financial and healthcare organizations -- require mandatory arbitration in the event of a dispute. This may be reasonable when the arbitrator really is neutral, but is justifiably criticized when the large company that writes the contract is able to influence the choice of the arbitrator.
INDISPENSABLE PARTY
A person or entity (such as a corporation) that must be included in a lawsuit in order for the court to render a final judgment that will be just to everyone co... (more...)
A person or entity (such as a corporation) that must be included in a lawsuit in order for the court to render a final judgment that will be just to everyone concerned. For example, if a person sues his neighbors to force them to prune a tree that poses a danger to his house, he must name all owners of the neighboring property in the suit.
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.
SETBACK
The distance between a property boundary and a building. A minimum setback is usually required by law.
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 ...
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