August 2022 - Gardi, Haught, Fischer & Bhosale LTD

Monthly Archives: August 2022

Monthly Archives: August 2022

Property Management Agreement’s Indemnity Provision Held Void and Unenforceable Under the Construction Contract Indemnification for Negligence Act

Property Management Agreement’s Indemnity Provision Held Void and Unenforceable Under the Construction Contract Indemnification for Negligence Act By Eric Dobradin Owners of rental properties commonly rely on third-party property managers to handle the day-to-day aspects of leasing. Many property managers not only list available units, enter into lease agreements on behalf of the property owner,

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Workers Compensation Claims

Buckle up as backlog of Illinois workers compensation claims clog the system

Buckle up as backlog of Illinois workers compensation claims clog the system By Aaron Novasic In Illinois, workers compensation claims are governed under the Illinois Workers Compensation Commission (IWCC). Each claim that is filed with the commission is assigned to an arbitrator, who handles certain areas of Illinois. Illinois has implemented mandatory pre-trials during the

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Rising Interest rates

Rising interest rates affect both buyers and sellers of real estate

By Tara M. Grimm Since the start of the pandemic, the economy has been impacted in a tremendous way and this has led to interest rates rising and falling. Specifically, the real estate market has been significantly impacted by recent interest rate increases. The cost of lending is rising as mortgage rates continue to climb,

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