SERVICES

Main: (312) 753-5575
Fax: (312) 753-5066
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Real Estate Transactions and Counsel

​The process of a real estate transaction involves several steps to ensure that the transfer of ownership is conducted properly. Here's a general overview:
  1. Signing the contract: The buyer and the seller enter into a contract for the sale of the property. This contract typically includes the purchase price, the closing date, and other terms and conditions.
  2. Due diligence: The buyer performs due diligence on the property to ensure that it meets their expectations and to uncover any potential issues. This may include inspections, title searches, and other assessments.
  3. Title review: The buyer's attorney reviews the title of the property to ensure that it is free and clear of any liens or encumbrances. If any issues are discovered, they must be addressed before the sale can proceed.
  4. Obtaining financing: If the buyer requires financing, they will secure a mortgage loan from a lender. The lender will conduct its own due diligence and review the title to ensure that the loan is secure.
  5. Closing: The closing is the final step in the real estate transaction. This is when the buyer and the seller sign the necessary documents to transfer ownership of the property. At closing, the buyer pays the purchase price, and the seller provides a deed to the property.
  6. Recording: After closing, the deed and other relevant documents are recorded with the local government to officially transfer ownership of the property.

We provide real estate transaction and counseling services to help you navigate the complexities of buying, selling, leasing, and developing real estate properties. Our services include:
  1. Purchase and Sale Agreements: Drafting, reviewing, and negotiating purchase and sale agreements to ensure that your rights and interests are protected.
  2. Lease Agreements: Drafting and reviewing lease agreements for both commercial and residential properties, as well as providing guidance on landlord-tenant issues.
  3. Due Diligence: We assist with the conducting of due diligence on properties, including reviewing property records, environmental reports, and zoning and land use regulations.
  4. Financing: We can also advise on financing options and help negotiate and review loan agreements, mortgages, and other financing documents.

Each transaction is unique, and it is important to have an experienced and trusted real estate attorney to guide you through the process. We tailor our services to meet your specific needs and goals.