Park Ridge Real Estate Lawyer, Illinois, page 3

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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
1. Contact
2. Email
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7. Profile

Richard Angelo Magnone

Landlord-Tenant, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 28 Years

CONTACT

8501 W Higgins Rd, Chicago, IL 60631

John Henry Ciprian

Landlord-Tenant, Federal Appellate Practice, Estate Planning, Business

Status: In Good Standing Licensed: 31 Years

CONTACT

8501 W Higgins Rd, Chicago, IL 60631

Joanne Elliott

Tax, Commercial Real Estate, Real Estate, International

Status: In Good Standing Licensed: 40 Years

CONTACT

1430 Lee St, Des Plaines, IL 60018

Andrew Acker

Land Use & Zoning, Eminent Domain, Municipal, Business

Status: In Good Standing Licensed: 32 Years

CONTACT

9501 W Devon Ave, Des Plaines, IL 60018

Andrew Yahres Acker

Land Use & Zoning, Eminent Domain, Municipal, Business

Status: In Good Standing Licensed: 32 Years

CONTACT

9501 W Devon Ave, Des Plaines, IL 60018

Irving Slutzky

Real Estate, Trusts

Status: In Good Standing Licensed: 71 Years

CONTACT

7749 N Milwaukee Ave, Niles, IL 60714

John Mantas

Real Estate, Litigation, Corporate, Business

Status: In Good Standing Licensed: 26 Years

CONTACT

1300 W Higgins Rd, Park Ridge, IL 60068

Waldemar Wyszynski

Real Estate, Transactions, Business & Trade, Business

Status: In Good Standing Licensed: 29 Years

CONTACT

2860 S River Rd, Des Plaines, IL 60018

Juan Vaglienty

Condominiums, Real Estate, Transactions, Business

Status: In Good Standing Licensed: 21 Years

CONTACT

2860 S River Rd, Des Plaines, IL 60018

Juan Vaglienty

Condominiums, Real Estate, Transactions, Business & Trade

Status: In Good Standing Licensed: 21 Years

CONTACT

2860 S River Rd, Des Plaines, IL 60018

800-923-0641

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LEGAL TERMS

RESTRAINT ON ALIENATION

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it... (more...)

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it never be sold to anyone outside the family. These provisions are generally unenforceable.

ELECTRONIC SIGNATURE

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'k... (more...)

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'key' to encrypt (scramble) information that uniquely identifies the signer using a method called Public Key Infrastructure (PKI). Electronic signatures are as binding as those in ink.

COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP

A way for married couples to hold title to property, available in Arizona, California, Nevada, Texas and Wisconsin. It allows one spouse's half-interest in comm... (more...)

A way for married couples to hold title to property, available in Arizona, California, Nevada, Texas and Wisconsin. It allows one spouse's half-interest in community property to pass to the surviving spouse without probate.

DEBENTURE

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific p... (more...)

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific piece of property. Repayment of a debenture is guaranteed only by the general credit of the issuer. For example, a corporation may issue a secured bond that gives the bondholder a lien on the corporation's factory. But if it issues a debenture, the loan is not secured by any property at all. When a corporation issues debentures, the holders are considered creditors of the corporation and are entitled to payment before shareholders if the business folds.

BASIS

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.

TANGIBLE PERSONAL PROPERTY

Personal property that can be felt or touched. Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible perso... (more...)

Personal property that can be felt or touched. Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible personal property. The law is unsettled as to whether computer data is tangible personal property. Compare intangible property.

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.

JOINT TENANCY

A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the ... (more...)

A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the other owners automatically own the deceased owner's share. For example, if a parent and child own a house as joint tenants and the parent dies, the child automatically becomes full owner. Because of this right of survivorship, no will is required to transfer the property; it goes directly to the surviving joint tenants without the delay and costs of probate.

Park Ridge Real Estate Lawyer, Illinois, page 3

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Richard Angelo Magnone

John Henry Ciprian

Joanne Elliott

Andrew Acker

Andrew Yahres Acker

Irving Slutzky

John Mantas

Waldemar Wyszynski

Juan Vaglienty

Juan Vaglienty

TIPS

LEGAL TERMS

RESTRAINT ON ALIENATION

ELECTRONIC SIGNATURE

COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP

DEBENTURE

BASIS

TANGIBLE PERSONAL PROPERTY

BOND

JOINT TENANCY

INHERITORS

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