Closings

Recording Requirements Strictly Enforced

Please note that recorder’s offices around the State of Illinois are more closely enforcing requirements to record a document. Be sure your recordable documents meet all requirements to avoid...

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Redemption of Cook County Sold Taxes

EFFECTIVE IMMEDIATELY

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Reporting Requirements under the Uniform Disposition of Unclaimed Property Act

By Steven Walker, ATG Law Clerk

Most attorneys are familiar with the problem of the ouststanding uncashed check from a real estate closing or other representation. Many times a...

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Settlement Agent Best Practices to Avoid Commission Blunders

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Signing Documents for Your Clients without Power of Attorney

While the purpose of RESPA (Real Estate Settlement Procedures Act, 12 USC §2601 et seq., 1974) was to protect consumers, one of the consequences of the legislation was burdening buyers...

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Solutions to Top Problems with Powers of Attorney

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Tax Divisions

Pursuant to 35 ILCS 200/9-45, counties may establish a property index system to be used to assess and collect taxes. In counties that have established a permanent index system, a unique permanent...

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Temporary Visitor’s Driver’s Licenses

 

A new Illinois law, Public Act 97-1157, creates a new form of driver’s license, the...

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The "Gap": Dealing With Recording and Indexing Delays

Race-Notice Jurisdictions
As a "race-notice" jurisdiction, Illinois provides a powerful incentive to immediately record instruments which give evidence of an...

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The 2010 Illinois Good Funds Provisions

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