Hot Topics

Mechanics' Lien Claim Valid Despite Incorrect Completion Date (North Shore Community Bank v. Sheffield Wellington, 2014 IL App (1st) 123784)

12/15/2014 - 4:25pm
This recent mortgage foreclosure case involving the validity of two mechanics’ liens has caused some concern among the title companies due to the uncertainty it created regarding the calculation of...

New CFPB Integrated Disclosures

12/09/2014 - 9:09am
ATG Will Help You Prepare for August Implementation As the holiday season approaches, the August 1, 2015, implementation date of the Consumer Financial Protection Bureau (CFPB) rule integrating the...

Two Recent Condominium Cases: Pembrook Condominium Association-One and 1010 Lake Shore Association

12/08/2014 - 4:42pm
Two recent condominium cases interpret section 9(g)(3) of the Illinois Condominium Act regarding treatment of unpaid association assessments in the case of foreclosure. 765 ILCS 605/9(g)(3). In both...

Resolving Unclaimed Property in Illinois

08/27/2014 - 10:42am
What You Should Know about State Treasurer and ARDC Procedures EDITOR'S NOTE: ATG thanks Jerome Larkin, ARDC Administrator, for his contributions to this article. Many attorneys have real estate...

MyDec Replaces EZ Dec

06/02/2014 - 3:51pm
HOT TOPICS: MyDec – New Illinois Transfer Declaration and Revenue Stamp System – Replaces EZ Dec APPLIES TO ALL TRANSACTIONS IN COOK COUNTY The Illinois Department of Revenue (IDOR) has a new website...

Procedural Best Practices: Issue Policies within 30 Days of Closing

05/15/2014 - 10:33am
Best Practice #5: Adopt and maintain written procedures related to title policy production, delivery, reporting and premium remittance. To conform to ALTA’s Best Practices, ATG is changing its policy...

New Suggested Rates for the Chicago Area

04/23/2014 - 11:25am
APPLIES TO CLOSINGS IN COOK, DUPAGE, GRUNDY, KANE, KENDALL, LAKE, McHENRY, AND WILL COUNTIES ATG announces a revised Suggested Rate Card for Chicago-area transactions. The new premium rates are...

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