by Lauren Jackson | Jan 6, 2025 | Deed, mortgage, Quit claim deed, Real Estate
A very common estate planning practice is to draft a trust and title your real estate in the name of the trust. This practice lets the trust “own” your real estate holdings. There are many positive reasons why one would do this. However, if the property owned by the...
by Lauren Jackson | Jul 5, 2023 | Attorney, Deed, owner's title policy, Quit claim deed, Real Estate, St. Charles
To remove a person from the title of a house while keeping the ownership of the property intact, you will have to go through a legal process and almost certainly hire a real estate lawyer. Whether the person you want to be removed is alive or deceased will have an...
by Lauren Jackson | Mar 7, 2023 | Elgin, Quit claim deed, Real Estate, Transfer on death instrument
In 2012 the Illinois Residential Real Property Transfer on Death Instrument Act became Illinois law. This act authorized the use of a new deed called the Transfer on Death Instrument (“TODI”). This new tool allows the transfer of residential real estate outside of...
by Lauren Jackson | May 2, 2022 | Quit claim deed, Real Estate, warranty deed
When buying residential real estate, there are a lot of documents that you will sign and documents you will receive at the closing. One of those documents is the deed to the property. Even if you are buying with a loan, you will still get the deed at the...
by Lauren Jackson | Oct 13, 2019 | Contract for deed, Quit claim deed, Real Estate, warranty deed
A deed for real estate is a legal document that transfers ownership of real estate from one owner to another. When buying and selling real estate, in the state of Illinois, there are several different types of deeds that are used. If you are selling or buying real...
