Law Articles Archives - Gardi, Haught, Fischer & Bhosale LTD

Category : Law Articles

Category : Law Articles

mechanics liens

Here’s how Illinois contractors could protect and perfect their mechanics liens

By Eric Dobradin Contractors work hard to repair and improve residential and commercial real estate. Oftentimes, they juggle dozens of subcontractors while trying to keep a customer satisfied. The project management and organizational skills needed to pull off successful projects time and time again are exceptional. Even with the best results, contractors can find themselves

Continue Reading
Chicago’s Residential Landlord and Tenant ordinance

Following Chicago’s Residential Landlord and Tenant ordinance avoids delays, extra costs

By: Gardi, Haught, Fischer and Bhosale Ltd Landlords in Chicago should heed the city’s Residential Landlord and Tenant ordinance to provide proper notice to a tenant if the landlord aims to evict or not renew their lease. Without providing proper notice, landlords could lose more time and money down the road. The ordinance ensures that

Continue Reading
real estate attorney illinois

Why you need a real estate attorney when you sell or buy a home in Illinois

By Thomas Haught Do you need to retain the services of an attorney to sell your house in Illinois? Technically, the answer is “No.” Practically, the answer is “Of course you do!” When you sell a home in Illinois, your real estate attorney will review the contract, monitor contingencies, order and clear the title, procure

Continue Reading
Illinois housing meltdown

Here’s why Illinois housing meltdown is unlikely

By Thomas E. Haught Although we’ve recently seen home prices stabilize, the number of homes sold is falling, homes are staying on the market longer and interest rates (although, big picture, are still incredibly low) are up. With the likelihood of a recession looming, are we looking at another housing meltdown (think 2008)?  The first

Continue Reading
temporary total disability

Temporary Total Disability: Compensation for missing work due to work injury

By Aaron T. Novasic If you are injured while working, you are entitled to benefits provided under your employer’s Workers Compensation insurance. One of these benefits include being paid while you are off work due to the injury. This is known as Temporary Total Disability (TTD) If your doctor has declared you unable to work

Continue Reading
inflation and divorce

Possible strategies for protecting yourself from high inflation rates during divorce

By Blake Austin Culver Housing costs, food prices, fuel charges—daily living expenses have been increasing with high inflation rates not seen in over 40 years. With high inflation rates, it takes more money to buy the same goods and services. In Illinois, if high inflation rates may impact your dissolution of marriage case, including child

Continue Reading
Real Estate Market

The Rollercoaster that We Call the Real Estate Market

By Thomas Haught Is real estate still hot, or not? Are current real estate trends good, bad or somewhere in between?  At the beginning of the COVID-19 pandemic, the general assumption was that the real estate market was going to suffer. That did NOT happen. Instead, we saw one of the strongest real estate markets

Continue Reading
car accident

What if you are hit by a driver without car insurance?

By Aaron Novasic Being in a car crash is one of the scariest things someone can go through. Illinois law requires that all motorists carry car insurance for moments like that, not just for property damage, but also for any injuries someone might sustain as a result of the crash. Now, if you are involved

Continue Reading
asylum eligibility

Recent changes to employment authorization eligibility for asylum seekers

Recent changes to employment authorization eligibility for asylum seekers By Ann Fischer In September, the federal government amended its regulations relating to employment authorization based upon pending asylum applications. The effect of the decision removes regulations put in place during the Trump administration and restores prior procedures and eligibility requirements.  According to the U.S. Citizenship

Continue Reading
communication parents divorce

How to improve communication between parents during and after divorce

How to improve communication between parents during and after divorce By Blake Austin Culver Communication between parents can be challenging, particularly during and after the divorce process. What should a parent do when the other parent attempts to demean, disparage, criticize, blame, or otherwise badmouth him or her, including in writing on social media and

Continue Reading
Starting a Business

Starting a new business? Should it be LLC or corporation?

Starting a new business? Should it be LLC or corporation? How company is registered with state depends on goals By Paul Koontz Starting any business can be nerve racking, especially if you don’t fully, or at all, understand the process and the legal ramifications that entails. There are two main business entities: the limited liability

Continue Reading
small business steps

What you should consider when buying a small business

By Thomas Haught Be your own boss. Make your own hours. You call the shots! Have you ever considered purchasing a small business? Here is a non-exhaustive review of the documents you should expect to receive at your small business closing. Seller resolution. The owner of a small business will almost certainly be an entity,

Continue Reading

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,

Continue Reading