Will County, IL Spanish Speaking Attorneys

Will County, IL Spanish Speaking Hispanic Real Estate Transaction Attorneys

realestate law

Illinois real estate law comes with a long list of potential problems. Whether residential or commercial, buying, selling or leasing, new construction or renovation, real estate businesses can generate legal problems.

When problems arise, or you want to make sure they do not occur, talking to a real estate expert attorney from our Illinois office and other offices can be helpful.

Bienes Raíces Residenciales

In addition to providing representation during closing, we can prepare and negotiate contracts, review transaction documents, communicate with the other party’s Illinois property transaction attorney and help resolve issues at closing.

Bienes Raíces Comerciales

Commercial leases can involve considerable amounts of money, long terms and major obligations. We have experience in representing both landlords and tenants, and we can advise and assist in negotiating important lease terms such as security deposit, property improvements, sublease and lease, lease renewals and tax assignment , Insurance and maintenance costs.

 

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What Is Real Estate Lawyer Salary?

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Escrow Issues


What is an escrow and an escrow agent? What does it mean to have funds or documents in escrow?


An escrow agent is typically a third party designated to hold an item (usually funds, but sometimes certain documents, such as a deed and/or mortgages) for a certain time or until the occurrence of a condition, at which time the escrow agent is to hand over the item to another party.  Typically the escrow agent will be the title company, and the funds and documents that they are holding include any deposits made under the contract to purchase the property, as well as the deed and the mortgage instruments.  In many home purchase contracts, the initial deposit or earnest money will be held by an escrow agent until the closing.  In some states, the entire closing happens through an escrow agent, with all funds and documents being collected and distributed in the manner required by specific and detailed written escrow instructions.






 


Zoning Issues


How does the buyer know how the land surrounding the property will be used?


Typically, the seller does not guarantee how the area surrounding the property will be used.  Some purchase agreements ask the seller to warrant what the seller knows about surrounding property uses that might interfere with the use of the home, but many do not.  If a buyer is concerned, he or she should contact the property appraiser or tax collector for the county in which the property is located and determine who owns the surrounding land, or speak to the zoning or planning department of your local municipality prior to purchasing the property to understand how surrounding uses may affect you.  The title commitment only discloses information about the property being purchased and does not attempt to inform the buyer about surrounding uses.  Sometimes a survey will identify the owners of any immediately adjacent parcels.  The purchaser needs to take responsibility for finding out what uses may affect him or her. The buyer can ask the neighboring property owners if they know of plans to develop land surrounding the property.  The buyer may also wish to talk with the building or zoning office of the local municipality to confirm the zoning of surrounding property so as to know what kinds of uses might be made in the future, although zoning can be changed.



Real Estate Attorney For Rental Property

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With one of the largest collections of practitioners in the Midwest, together with added depth from lawyers in our coast-to-coast network of offices, Our Real Estate practice is consistently recognized as one of the nation’s leading practices. We regularly garner high rankings from Chambers USA.


Our experienced real estate team fully understands the often complex and competing interests in real estate transactions and disputes. Clients benefit not only from our business-minded approach to handling these matters, but also from efficient and cost-effective representation. From planning to execution, our real estate practitioners apply new ideas and forward thinking techniques to solve the most sophisticated client issues. We carefully consider appropriate staffing in each matter—both by specialty and level of experience—to bring a diverse perspective to every engagement. We also leverage the experience and insight of our colleagues who practice in other areas, such as in corporate, tax, construction, environmental and employment law, in a way that enhances efficiency while keeping our clients’ objectives in mind.


Our real estate lawyers provide personalized service and practical advice to a broad client roster—including owners, lenders, developers, corporate users, tenants, receivers, investors, local government agencies, contractors, architects and property managers—both corporate and private, both large and small. For these and other clients, our representation covers, in depth, all aspects of real estate law, including without limitation, the following highlighted areas: affordable housing and community development; development; land use and zoning; leasing and property management; finance; tax incentives and economic development; workouts and water rights.


Real Estate Litigation and Transactions


Commercial property owners, landlords, residential property investors, homeowner associations, individuals and other parties throughout the Chicago area rely on us for quality advice and representation.


When disputes arise concerning title issues, breach of contract, commercial leases or other matters, we respond with vigorous representation. We seek to achieve our clients' goals in a timely, efficient and cost-effective manner, while protecting their rights and interests. In addition, we facilitate property transactions of all types and provide services to help our clients maximize the value of their holdings.


Estate Planning, Probate and Estate Litigation


Our firm provides comprehensive services in the areas of estate planning, elder law and probate administration. We work hard to help our clients gain peace of mind, provide for their families, and protect their assets.


We provide results-oriented representation in matters involving will contests, trust disputes, probate disputes, contested guardianships and conservatorships, and breach of fiduciary duty. With years of experience handling complex estate litigation cases, we have the investigative resources and advocacy skills you need.


 

When To Engage A Real Estate Transaction Lawyer

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Illinois Residential Real Estate Attorneys


Residential real estate transactions have high stakes for both buyers and sellers. Often these transactions involve an individual or couple’s single greatest asset. Making sure that your rights and financial interests are protected when you buy or sell a house is very important. At the Law Offices, we help both buyers and sellers through the real estate process. Attorneys are knowledgeable in all areas of residential real estate law and has the experience to ensure there are no surprises in your real estate transaction.


Legal Representation for Buyers and Sellers in Illinois


Having an experienced attorney to represent you in your real estate transaction is recommended at every step of the process. From negotiating a purchase agreement through closing, experienced legal guidance can help you avoid numerous pitfalls. We work with clients of all experience levels from first time homebuyers to seasoned real estate investors offering the following real estate services:


Negotiations between buyers and sellers, Preparations of purchase and sale agreements, Review of titles, Review of purchase offers, Review of loan documents, Review of construction agreements, Assistance with title insurance, Assistance resolving title problems, Preparation of deeds, Establishment of escrow accounts, Preparation of closing documents, and Attendance at closing


We work closely with our clients to ensure you understand everything that is happening during your transaction and can make informed decisions when necessary.


If you are buying or selling a home and need experienced legal counsel to have your back, contact us to schedule a consultation.