Property and real estate laws typically concern things like landlord-tenant relations, homestead protection from creditors, and related matters. Laws regulating the rental market protect both landlords and tenants. In Illinois, for example, landlords must return a tenant’s security deposit within 30 days of the termination of the lease but the state doesn’t limit the amount landlords may charge for a deposit. Illinois’ homestead protection law allows an individual to claim a portion of his or her property as off-limits to creditors if that portion of the property is valued at less than $7,500.
Illinois Homestead Laws
General information about homestead protection under Illinois law, which allows elderly or disabled persons facing foreclosure or eviction to remain in their homes until alternative housing can be found.
Illinois Lease and Rental Agreement Laws
Laws and regulations governing leases and rental agreements, particularly those pertaining to tenant-landlord relationships; with information about security deposit limits, prohibited forms of discrimination, and more.
Illinois Adverse Possession Laws
Overview of Illinois adverse possession law, which allows individuals who publicly inhabit and improve a home or other residence to obtain title to that property.
For more information on Illinois real estate laws, contact Casement Law Group, P.C. today at (847) 888-9300 to speak with one of our experienced attorneys.