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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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Matthew Martin Welch

Land Use & Zoning, Estate Planning, Employee Rights, Transactions

Status: In Good Standing Licensed: 17 Years

CONTACT

11950 S Harlem Ave, Palos Heights, IL 60463

Christopher Lamont Tidwell

Land Use & Zoning, Litigation, Transactions, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

Chicago, IL 60620

Gregg Wright Jarman

Commercial Real Estate, Land Use & Zoning, Real Estate, Transactions

Status: In Good Standing Licensed: 37 Years

CONTACT

21146 Washington Pkwy, Frankfort, IL 60423

Gregg Jarman

Commercial Real Estate, Land Use & Zoning, Real Estate, Transactions

Status: In Good Standing Licensed: 37 Years

CONTACT

21146 Washington Pkwy, Frankfort, IL 60423

Christopher S Koczwara

Land Use & Zoning, Litigation, Civil Rights, Transactions

Status: In Good Standing Licensed: 30 Years

CONTACT

5838 S Archer Ave, Bridgeview, IL 60638

Christopher Koczwara

Land Use & Zoning, Litigation, Civil Rights, Transactions

Status: In Good Standing Licensed: 30 Years

CONTACT

5838 S Archer Ave, Bridgeview, IL 60638

Robert S. Molaro

Corporate, Litigation, Land Use & Zoning, Traffic

Status: In Good Standing Licensed: 49 Years

CONTACT

6808 West Archer Avenue, Chicago, IL 60638

Michael Castellino

Business & Trade, Corporate, Municipal, Land Use & Zoning

Status: In Good Standing Licensed: 31 Years

CONTACT

1441 S. Harlem Ave., Berwyn, IL 60402

Timothy M Foley

Land Use & Zoning, Municipal, Transactions, Business

Status: In Good Standing Licensed: 14 Years

CONTACT

1022 S. Lagrange Road, La Grange, IL 60525

Timothy Foley

Land Use & Zoning, Municipal, Transactions, Business

Status: In Good Standing Licensed: 14 Years

CONTACT

1022 S. Lagrange Road, La Grange, IL 60525

800-923-0641

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LEGAL TERMS

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

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.

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.

LIMITED EQUITY HOUSING

An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with ... (more...)

An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with a low down payment. The catch is that when the owner sells, she gets none of the profit if the market value of the unit has gone up. Any profit returns to the organization that built the home, which then resells the unit at an affordable price.

SEVERANCE PAY

Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severanc... (more...)

Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severance pay, although the employer may be legally obligated to do so if it was promised in a contract or employees' handbook.

DOWN PAYMENT

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the... (more...)

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the balance remaining, and pays it off in monthly installments over time.

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.

CONTINGENCY

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a ... (more...)

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a contingency in a contract for the purchase of a house might state that if the buyer does not approve the inspection report of the physical condition of the property, the buyer does not have to complete the purchase.

INURE

To take effect, or to benefit someone. In property law, the term means 'to vest.' For example, Jim buys a beach house that includes the right to travel across t... (more...)

To take effect, or to benefit someone. In property law, the term means 'to vest.' For example, Jim buys a beach house that includes the right to travel across the neighbor's property to get to the water. That right of way is said, cryptically, 'to inure to the benefit of Jim.'

SAMPLE LEGAL CASES

Napleton v. Village of Hinsdale

... Plaintiff, Katherine Napleton, filed a complaint against defendant, the Village of Hinsdale (Hinsdale), requesting that the circuit court of Du Page County declare certain textual amendments made by Hinsdale to its zoning code facially unconstitutional as violative of substantive ...

MILLINEUM MAINTENANCE v. County of Lake

... 476, 881 NE2d 962, quoting Libertyville Zoning Code Â§ 16-9.2 (eff. February 28, 1995). ... [2] The La Salle factors referenced in Living Word Outreach were devised as a means of applying the rational basis test to as-applied constitutional challenges to zoning decisions. ...

Dunlap v. Village of Schaumburg

... Homeowner Deborah Dunlap filed this suit challenging a decision by the Village of Schaumburg (the Village) to issue a zoning variance to neighboring homeowners William and Patricia Wehmeier. ... A. Dunlap's Right of Action Under the Zoning Enabling Act. ...

Thornton Land Use & Zoning Lawyer, Illinois

Sponsored Law Firm

The Law Offices of James Nicodemus

SPONSORED LAWYERS

Matthew Martin Welch

Christopher Lamont Tidwell

Gregg Wright Jarman

Gregg Jarman

Christopher S Koczwara

Christopher Koczwara

Robert S. Molaro

Michael Castellino

Timothy M Foley

Timothy Foley

TIPS

LEGAL TERMS

DEED IN LIEU (OF FORECLOSURE)

COOLING-OFF RULE

BASIS

LIMITED EQUITY HOUSING

SEVERANCE PAY

DOWN PAYMENT

DIVIDEND

CONTINGENCY

INURE

SAMPLE LEGAL CASES

Napleton v. Village of Hinsdale

MILLINEUM MAINTENANCE v. County of Lake

Dunlap v. Village of Schaumburg

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