You may have transactions from time to time where an open mortgage on title was made to a lender that is no longer in business. In those cases, you must find out what became of that lender’s...
Closings
By John Trepel, ATG Law Clerk
This article is a guide to the types of transactions to which the Illinois Real Estate Transfer Tax applies, as well as the transactions exempt from the tax....
Many erroneous rumors are circulating about a the 3.8% Federal Sales Tax on the sale of real estate. This relatively new tax may subject a seller to an additional tax on some of their home sale...
On June 24, 2015, the Consumer Financial Protection Bureau (CFPB) proposed October 3, 2015, as the new...
It is not always appropriate to waive Special Exceptions 2 (a) and (b) on the commitment for title insurance. This article addresses not waiving 2 (a) and (b) when there has been work...
Notice Regarding Water and Sewer Charge Full Payment Certificates — As a result of a recent...
A Water Certification is required for all deeds being recorded even if you are recording two deeds for the same transaction. Read more about...
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