Wilmette Real Estate Lawyer, Illinois

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Alexander  Gruzmark Lawyer

Alexander Gruzmark

Accident & Injury, Personal Injury, Car Accident, Premises Liability, Wrongful Death
Glenview Personal Injury Attorney

Alexander Gruzmark immigrated to the United States in 1978 from Lvov, Ukraine. After earning his Juris Doctorate from Loyola University School of Law,... (more)

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Cyrus  Khajehhosseini Lawyer

Cyrus Khajehhosseini

VERIFIED
Real Estate, Foreclosure

Cyrus Khajehhosseini is a practicing lawyer in the state of Illinois.

Robert S. Hayes

Real Estate
Status:  In Good Standing           

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Manny Mark Lapidos

Real Estate, Estate Planning, Family Law
Status:  In Good Standing           

Earl L Simon

Commercial Leasing, Corporate, Business Successions, Business Organization
Status:  In Good Standing           

Richard P Broderick

Real Estate, Divorce & Family Law, Criminal, Accident & Injury, Child Support
Status:  In Good Standing           Licensed:  30 Years

Michael Poulos

Real Estate, Estate, Divorce & Family Law, Business
Status:  In Good Standing           

David N Byer

Landlord-Tenant, Divorce & Family Law, Bankruptcy & Debt, Personal Injury
Status:  In Good Standing           Licensed:  18 Years

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Erica Crohn Minchella

Real Estate, Commercial Real Estate, Estate Planning, Transactions
Status:  In Good Standing           Licensed:  44 Years

Ben Schneider

Foreclosure, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

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LEGAL TERMS

BEQUEST

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

SERVIENT TENEMENT

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would ... (more...)
Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would be a servient tenement.

SPECIFIC PERFORMANCE

A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the ... (more...)
A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the winner.

LICENSE (OF INVENTION, COPYRIGHT OR TRADEMARK)

A contract giving written permission to use an invention, creative work or trademark. A license provides a way to make money from your invention or creative wor... (more...)
A contract giving written permission to use an invention, creative work or trademark. A license provides a way to make money from your invention or creative work without having to manufacture and sell copies yourself. By licensing an invention or work to a company, you get money (often in the form of royalties) in return for allowing the company to use, produce and sell copies of your invention or work in the marketplace.

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.

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.

INHERITORS

Persons or organizations who receive property from someone who dies.

FUTURE INTEREST

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian,... (more...)
A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian, but only after the death of his wife, Hillary. Marian has a future interest in the house.

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.