Prospect Heights 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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Kendall D. Hartsfield

Criminal, DUI-DWI, Personal Injury, Civil & Human Rights, Real Estate

Compassionate. Effective. Professional representation for when times are tough.

Attorney Kendall D. Hartsfield is a graduate of Western Illinois University, Governors State University, and Thomas M. Cooley Law School, where he rec... (more)

FREE CONSULTATION

CONTACT

312-345-1700

1600 Golf Road, Suite 1200, Rolling Meadows, IL 60008

Marshall N. Dickler

Real Estate, Estate, Employment, Medical Malpractice, Personal Injury

Chicago, IL Condominium & Homeowner Association Lawyer

Marshall N. Dickler, is a condominium and homeowner association attorney with over 50 years of experience. Based out of Arlington Heights, IL, Attorne... (more)

CONTACT

847-593-5595

85 W Algonquin Rd, Arlington Heights, IL 60005

Matthew Gebhardt

Criminal, DUI-DWI, Traffic, Real Estate

Matthew Gebhardt has extensive experience in the fields of criminal, traffic, and real estate law.

Attorney Matthew R. Gebhardt is the founder and president of the Law Offices of Matthew R. Gebhardt, P.C. Located in Buffalo Grove, IL, Attorney Gebha... (more)

FREE CONSULTATION

CONTACT

847-239-4703

1425 McHenry Road, Buffalo Grove, IL 60089

Wendy R Morgan

✓ VERIFIED

Divorce & Family Law, Power of Attorney, Foreclosure

Wendy R. Morgan is the founder and owner of The Law Firm of Wendy R. Morgan. Wendy has been practicing law since 1981 and has been concentrating in Fa... (more)

CONTACT

800-781-9491

1845 East Rand Road, Arlington Heights, IL 60004

James J. Riebandt

Commercial Leasing, Estate Planning, Corporate, Business Organization

Status: In Good Standing

CONTACT

1237 S. Arlington Heights Road, Arlington Heights, IL 60006

Jerome G McSherry

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing

CONTACT

121 S. Wilke Rd., #407, Arlington Heights, IL 60005

Marc J. Blumenthal

Real Estate, Industry Specialties, Estate, Business

Status: In Good Standing

CONTACT

355 W. Dundee Rd., Buffalo Grove, IL 60089

A. Carrie Lincoln

Estate Planning, Commercial Real Estate

Status: In Good Standing Licensed: 20 Years

CONTACT

126 E Wing St, Arlington Heights, IL 60004

Aaron Douglas White

Landlord-Tenant, Real Estate, Estate Planning, Family Law

Status: In Good Standing Licensed: 15 Years

CONTACT

2550 W. Golf Rd., Rolling Meadows, IL 60008

Adam Michael Heiman

Commercial Real Estate, Elder Law, Transactions, Banking & Finance

Status: In Good Standing Licensed: 23 Years

CONTACT

801 Skokie Blvd, Northbrook, IL 60062

800-923-0641

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LEGAL TERMS

DOMINANT TENEMENT

Property that carries a right to use a portion of a neighboring property. For example, property that benefits from a beach access trail across another property ... (more...)

Property that carries a right to use a portion of a neighboring property. For example, property that benefits from a beach access trail across another property is the dominant tenement.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

COOLING-OFF RULE

A rule that allows you to cancel a contract within a specified time period (typically three days) after signing it. Federal cooling-off rules apply this three-d... (more...)

A rule that allows you to cancel a contract within a specified time period (typically three days) after signing it. Federal cooling-off rules apply this three-day grace period to sales made door-to-door and anywhere other than a seller's normal place of business, such as at a trade show. Another federal cooling-off rule lets you cancel a home improvement loan or second mortgage within three days of signing. Various states have cooling-off rules that sometimes apply even longer cancellation periods to specific types of sales, such as dancing lessons and timeshares.

INCIDENTS OF OWNERSHIP

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to... (more...)

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to receive rent--then legally, no gift has been made. This distinction can be important if you're making large gifts to reduce your eventual estate tax.

BEQUEST

The legal term for personal property (anything but real estate) left in a will.

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.

HOME WARRANTY

A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The w... (more...)

A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The warranty guarantees repairs to the covered system and is renewable.

MORTGAGE

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.

LEASE OPTION

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to b... (more...)

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to buy the house at the end of the lease period for a price established in advance. A lease option is often a good arrangement for a potential home buyer because it lets him move into a house he may buy without having to come up with a down payment or financing at that time.

Prospect Heights Real Estate Lawyer, Illinois

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Kendall D. Hartsfield

Marshall N. Dickler

Matthew Gebhardt

Wendy R Morgan

James J. Riebandt

Jerome G McSherry

Marc J. Blumenthal

A. Carrie Lincoln

Aaron Douglas White

Adam Michael Heiman

TIPS

LEGAL TERMS

DOMINANT TENEMENT

NET LEASE

COOLING-OFF RULE

INCIDENTS OF OWNERSHIP

BEQUEST

TENANCY IN COMMON

HOME WARRANTY

MORTGAGE

LEASE OPTION

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