Thornton Eminent Domain Lawyer, Illinois, page 2

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James Robert Figliulo

Eminent Domain, Litigation, Business, Legal Malpractice
Status:  In Good Standing           

Toni Pritchard

Litigation, Eminent Domain, Land Use & Zoning
Status:  In Good Standing           Licensed:  34 Years

Amanda Ripp

Eminent Domain, Municipal
Status:  In Good Standing           Licensed:  28 Years

Lenny Asaro

Land Use & Zoning, Eminent Domain, Real Estate, Lawsuit & Dispute
Status:  In Good Standing           Licensed:  30 Years

Thomas William Goedert

Eminent Domain, Bankruptcy, Land Use & Zoning
Status:  In Good Standing           Licensed:  35 Years

Thomas Goedert

Eminent Domain, Bankruptcy, Land Use & Zoning
Status:  In Good Standing           Licensed:  35 Years

Nancy S. Harbottle

Land Use & Zoning, Transactions, Eminent Domain, Condominiums
Status:  In Good Standing           Licensed:  38 Years

Nancy Harbottle

Land Use & Zoning, Transactions, Eminent Domain, Condominiums
Status:  In Good Standing           Licensed:  38 Years

Victor Cacciatore

Eminent Domain, Real Estate, Lawsuit & Dispute, Commercial Real Estate
Status:  In Good Standing           Licensed:  42 Years

Brian Liston

Land Use & Zoning, Eminent Domain, International Tax, Criminal
Status:  In Good Standing           Licensed:  34 Years

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LEGAL TERMS

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.

CONSIDERATION

The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one for... (more...)
The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one form of consideration for another. Consideration may be a promise to perform a certain act -- for example, a promise to fix a leaky roof -- or a promise not to do something, such as build a second story on a house that will block the neighbor's view. Whatever its particulars, consideration must be something of value to the people who are making the contract.

LIFE TENANT

One who has a life estate in real property.

MECHANIC'S LIEN

A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Ty... (more...)
A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Typical lien claimants are general contractors, subcontractors and suppliers of building materials. A mechanics' lien claimant can sue to have the real estate sold at auction and recover the debt from the proceeds. Because property with a lien on it cannot be easily sold until the lien is satisfied (paid off), owners have a great incentive to pay their bills.

APPRAISER

A person who is hired to determine the current value of real estate or other property.

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

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.

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.

HOMESTEAD DECLARATION

A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that ... (more...)
A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that is, you are not required to record a homestead declaration in order to claim the homestead exemption. A few states do require such a recording, however.

SAMPLE LEGAL CASES

Empress Casino Joliet Corp. v. Giannoulias

... It is well settled that the takings clauses of the federal and state constitutions apply only to the state's exercise of eminent domain and not to the state's power of taxation. See County of Mobile v. Kimball, 102 US 691, 703, 26 L.Ed. ...

ABN AMRO MORTG. GROUP, INC. v. McGahan

931 NE2d 1190 (2010). 237 Ill.2d 526. ABN AMRO MORTGAGE GROUP, INC., et al., Appellees, v. Nona L. McGAHAN et al., Appellants. No. 107954. Supreme Court of Illinois. June 4, 2010. 1192 Michael T. Reagan, of Herbolsheimer ...

Department of Transp. v. Anderson

... In April 2007, the Department filed its complaint for condemnation along with a motion for immediate vesting of title under the "quick-take" provisions of the Eminent Domain Act (Act) (735 ILCS 30/20-5-5, 25-7-103.1 (West 2006)). ...

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