Illinois Commercial Real Estate Law
The areas of commercial real estate practice include:
- Purchase and Sales Agreements
- Contracts Disputes
- Commercial Leases
- Settlement, Escrow and Title Documents
- Tax Deferred Exchanges
- Zoning and Land Use
- Broker Liability
- Foreign and Domestic Buyer and Seller Representation
- Commission Disputes
- Developer Representation
- Recordation of Deeds, Mortgages, and Other Documents
- Landlord / Tenant Disputes
Typically, c ommercial real estate attorneys represent clients who are interested in joint ventures for financing projects, which include mortgage loans and equity participation. Real estate attorneys can administer distressed properties and restructuring the borrower's indebtedness, exercising remedies under the mortgage, and negotiating the sale of such properties to third parties.
In addition, real property lawyers represent real estate developers, home builders, investors, borrowers and lenders related to real estate transactions such as land acquisition, planning, and development of commercial, retail, industrial, office and income producing properties.
Durign the process of development, contracts are reviewed, as well as leasing and/or disposition of properties. Attorneys may in conjunction to the real estate practice represent clients interest in construction financing, non recourse financing, bridge financing, mezzanine debt and organizing various limited liability companies or limited partnerships to create equity investors and capital partners.
Contact a Chicago Real Estate Attorney
River North - Downtown Chicago (The Loop) - Lincoln Square - South
Resources
- ABA Real Property
- Illinois Real Estate Division
- LegalPublications
- U.S. House Law
- Realtors Code of Ethics
- Mexican Real Estate Law
- State Statutes
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Building Code Library