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Corporate minute scammers target Illinois corporations
If you are a registered agent for an Illinois corporation, you may have received a notice in the mail from a company called “Corporate Records Service” offering to prepare annual minutes for a fee of...
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Here comes the drop! Mortgage Forgiveness Debt Relief Act to expire
UPDATE: As part of the “fiscal cliff legislation”, congress has extended the MFDRA until December 31, 2013. In 2007, congress passed the federal Mortgage Forgiveness Debt Relief Act, a law that...
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Chicago ups price of Certificate of Zoning Compliance on 1-1-13
The City of Chicago has announced an increase in the cost of a “Certificate of Zoning Compliance” needed for the sale of all non-condominium/co-op residential properties consisting of five or fewer...
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State sets 2013 security deposit interest rate
Every new year brings the requirement that landlords learn the new interest rate to be paid on certain residential security deposits. 2013 is no exception. The Illinois Security Deposit Interest Act...
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2013 Chicago CRLTO Security Deposit Interest Rate Set
The New Year is a crazy time for Chicago landlords. The first thing they need to do is to figure out the new security deposit interest rate to pay their tenants on CRLTO covered leases initiated in...
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Cook County Sheriff adds new “civil process lookup” service to website
The Cook County Sheriff has added a “civil process lookup” function to its website. Plaintiffs can now check on the status of service of process on their lawsuits without having to call or go to the...
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Quick Topic: Congnitive Impairment, Guardianship, and Estate Planning
Our own Ed Reda penned a short piece on the topic of impairment and the issues it creates in estate planning. As our population ages, more and more attorneys are dealing with clients with cognitive...
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Is that condominium FHA approved?
As most home buyers and sellers know, the FHA helps buyers purchase homes. They do this by “insuring” loans on behalf of buyers who might not be able to otherwise afford a conventional loan. As a...
View ArticleHead over to our sister website for a breakdown of the new Chicago bedbug law
www.chicagoeviction.com
View Article2014 Chicago Security Deposit Interest Rate CRLTO released!
The Chicago Residential Landlord and Tenant Ordinance dictates that the City of Chicago must determine annually the interest rate to be paid to tenants for leases governed by 5-12-080 of the Chicago...
View Article2015 CRLTO Chicago Interest Rate on Security Deposits
The Chicago Residential Landlord and Tenant Ordinance requires that the Comptroller of the City of Chicago determine the interest rate to be paid to tenants for leases governed by 5-12-080 of the...
View Article2015 State of Illinois Security Deposit Interest Rate
The Illinois Security Deposit Interest Act requires certain landlords to make annual payments of interest on the security deposits of their residential tenants. Every year, the State of Illinois...
View ArticleChicago 2016 CRLTO Security Deposit Interest Rate
Just as in 2015, the 2016 Security Deposit Interest Rate for leases and tenancies governed by the Chicago Residential Landlord Tenant Ordinance is: 0.01%
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Come see our new page devoted to real estate closings in Chicago and the suburbs
Take a look at chicagoclosings.com which we intend to be our vehicle to discuss issues related to commercial and residential real estate closings in Chicagoland.
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Updates have been made to the Illinois FED Act
The Illinois Forcible Entry and Detainer Act is commonly referred to as the Eviction Act. Well, the State of Illinois has basically embodied that common parlance into an amendment to Illinois law...
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IRS releases new gift and estate tax exemptions for 2018
The IRS has announced new limits for federal estate and gift tax for 2018. Beginning January 1, 2018, the annual exclusion gift amount will increase from $14,000 per person per year to $15,000. The...
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Quick Topic: Congnitive Impairment, Guardianship, and Estate Planning
Our own Ed Reda penned a short piece on the topic of impairment and the issues it creates in estate planning. As our population ages, more and more attorneys are dealing with clients with cognitive...
View ArticleClik here to view.
Is that condominium FHA approved?
As most home buyers and sellers know, the FHA helps buyers purchase homes. They do this by “insuring” loans on behalf of buyers who might not be able to otherwise afford a conventional loan. As a...
View ArticleHead over to our sister website for a breakdown of the new Chicago bedbug law
www.chicagoeviction.com The post Head over to our sister website for a breakdown of the new Chicago bedbug law appeared first on Reda | Ciprian | Magnone, LLC.
View Article2014 Chicago Security Deposit Interest Rate CRLTO released!
The Chicago Residential Landlord and Tenant Ordinance dictates that the City of Chicago must determine annually the interest rate to be paid to tenants for leases governed by 5-12-080 of the Chicago...
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