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Keeping It Real

Buyers Beware When it Comes to Foreclosed Property in Illinois!

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Potential buyers of previously foreclosed property in Illinois are advised to proceed with caution due to ongoing  and widespread extortion schemes involving jurisdictional defects in the underlying foreclosure. Continue Reading ›

Tags: Real Estate, Real Estate Mortgages, Title Insurance

Rents Absolutely Not Cash Collateral... in Certain Circumstances

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Court rules rent payments are not necessarily cash collateral a debtor can use in bankruptcy. Continue Reading ›

Tags: Bankruptcy, Real Estate

Seller’s Proceeds are Gone via Phishing, Hacking or Cyber Fraud! What do I do now?

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When seller’s escrow proceeds disappear from phishing, hacking or some other form of cyber fraud, here’s what your business needs to do immediately to respond. Continue Reading ›

Tags: Commercial Liability, Commercial Real Estate, Cyber Attack, Fraud Activity, Hacking, Phishing, Title Insurance

Yes, Virginia, There is an SNDA Clause

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SNDA clauses and the basics of subordination and non-disturbance agreements in commercial real estate. Continue Reading ›

Tags: Commercial Leasing, Commercial Loans, Commercial Real Estate, Real Estate, Real Estate Mortgages

Green is the New Black: Name Changes a Must in Recordation

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It’s black and white, really… name, gender and other changes must be recorded whenever real property transfers hands. Continue Reading ›

Tags: Real Estate, Real Estate Mortgages, Title Insurance

Surprise! Your Letter of Intent is a Purchase Contract

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Ohio appellate court rules intent to purchase letters can bind parties to sale terms in Ohio real estate deals. Continue Reading ›

Tags: Commercial Real Estate, Contracts, Fraud Activity, Letter of Intent, Real Estate

Appellate Court Addresses Constructive Notice, Missing Legal Descriptions on Mortgage

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Following this appellate court ruling, the Ohio Legislature need not create new legislation regarding constructive notice and missing legal description on mortgage. Continue Reading ›

Tags: Commercial Real Estate, Real Estate, Real Estate Mortgages, Title Insurance

The Case of the Vanishing Mortgage Challenge

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Ohio Supreme Court ruling reaffirms state's constructive notice, execution requirements for recorded mortgages. Continue Reading ›

Tags: Commercial Real Estate, Real Estate, Real Estate Mortgages, Title Insurance

Details Do Matter… Don’t Ignore Leases Missing Notarial Acknowledgments

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Don’t assume that the lack of notarization will always block the enforcement of a commercial real estate lease. Continue Reading ›

Tags: Business Risk Management, Commercial Leasing, Commercial Real Estate, Contracts, Real Estate

Grinch Alert: Beware of Fraudulent Owner or Lender Claims!

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Homeowners and renters can avoid residential real estate scams with one quick phone call to a lawyer. Continue Reading ›

Tags: Fraud Activity, Real Estate, Real Estate Mortgages, Residential Liability
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