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A quitclaim deed may also be used to transfer title of a property to a purchaser following a foreclosure auction. Typically such a deed will not warrant that the property title is free and clear, and it remains up to the grantee to check that the property is not subject to any legal encumbrances. [11]
Illinois law requires that, when a firearm is sold by a Federal Firearms License (FFL) holder, or in any private sale, the seller perform a dial-up inquiry to the State Police to verify that the buyer's FOID card is valid. This additional check is known as the Firearm Transfer Inquiry Program (FTIP).
If you die without a will, your state’s intestate succession, or next-of-kin laws, will determine who gets your house if yours was the only name on the deed. It varies by state, but generally ...
Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...
College graduates fall into this category once they have completed the state-required courses as well. California allows licensed attorneys to become brokers upon passing the broker exam without having to take the requisite courses required of an agent. Commonly more coursework and a broker's state exam on real estate law must be passed.
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According to amended state law 625 ILCS 5/4-203, if you get caught driving without insurance in Illinois, the police are legally allowed to tow and impound your vehicle. The fees to store your ...