Real estate law is the area of law that deals with the buying and selling of properties. These can be commercial properties or private residential properties; homes ready for residents to move in and empty lots waiting to be developed. Every state has unique real estate laws. In Illinois, real estate transactions are governed by a list of laws that include the Condominium Property Act, the Land Trust Fiduciary Duties Act, the Mortgage Act, and the Mine Subsidence Disclosure Act, among others.
Whether you are a prospective buyer, seller, tenant, or landlord, it is important that you understand all of the state laws that can play a role in your case. Work with an experienced Illinois real estate lawyer to learn about these laws and your rights and obligations in your role.
Legal Help with the Following Real Estate Issues
Real estate law can be complicated. It covers a wide range of case types and legal needs. Work with an experienced real estate lawyer if you are facing any of the following issues:
- Disputes regarding your lease;
- Zoning and land use;
- Tenants’ rights;
- Preparing legal documents to make a purchase;
- Transferring a lease or deed;
- Clarifying the terms of a document related to your property;
- Eminent domain issues; and
- Investigating existing liens against the property.
Other issues, like issues related to discrimination in leasing or lending practices and taxation can also be handled by a real estate attorney.
Protect your Interests and your Rights
No matter whether you are a homeowner, a landlord, a renter, or an individual seeking to purchase his or her first piece of real estate, you have rights. If you are not aware of these rights or how to exercise them, you can easily lose money or opportunities if they are violated. One example is the Illinois Homeowner’s Rights Act, which requires lenders to notify borrowers of their rights during the foreclosure process when a foreclosure suit is served. Failure to notify a homeowner of these rights could result in him or her losing the home without giving the homeowner the chance to even try to keep it. As your real estate attorney, we can ensure that your rights are protected and enforced.
Work with an Experienced Illinois Real Estate Attorney
Protect your rights and interests by working with an Illinois real estate attorney who will work hard for you. Contact our team at the J Peterman Legal Group Ltd. today to schedule your legal consultation with our firm. Our Illinois offices is located in Western Springs, just outside of Chicago.