Hot Topics

Water and Sewer Charge Full Payment Certificates

01/01/2012 - 12:10pm
Notice Regarding Water and Sewer Charge Full Payment Certificates — As a result of a recent amendment to the City of Chicago Municipal Code, all transfers of property, incluiding those once exempt,...

Tax Divisions

12/20/2011 - 9:20am
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...

Signing Documents for Your Clients without Power of Attorney

12/17/2011 - 9:50am
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 and sellers...

Escrow Account Naming and Rule 1.15

12/16/2011 - 9:37am
There are several sources of law governing how attorneys must name their trust accounts that are used for closing real estate transactions. In addition, ATG has its own recommendation for how to name...

Corrective Deeds: When Will Illinois Courts Reform a Deed in Illinois?

11/21/2011 - 9:11am
by Patrick Hicks, ATG Law Clerk Introduction A deed for the conveyance of land is a simple instrument in Illinois. There are only four elements required to have a valid deed: the name of a grantor...

Recording Requirements Strictly Enforced

11/21/2011 - 9:07am
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...

Transactions with Allied Home Mortgage Corporation et al.

11/14/2011 - 10:29am
Effective Immediately You may experience funding irregularities and/or delayed or canceled closings with respect to the following entities:Allied Home Mortgage Corporation Allied Home Mortgage...

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