A foreign person that sells or exchanges a U.S. real property interest is subject to a required withholding under the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA). A U.S. real property interest includes sales of interests in parcels of real property. This provision is subject to certain exceptions. The required withholding is […]
Category Archives: News
We represent condominium and homeowner associations throughout Chicago as general counsel, providing advice on necessary changes to governing documents, pursuing collection of general and special assessments, implementing enforcement procedures, and conducting or challenging elections.
If you default on HOA or COA dues and assessments, the homeowners association can foreclosure on your condo, townhome, or house. Free Consultation! (773) 407-2100
Our Mechanic’s Lien Attorneys Help Contractors and Owners with Mechanic’s Liens and Mechanic’s Lien Foreclosure. Mechanic’s liens are tools that many general contractors, sub-contractors and material suppliers can use to protect their rights and their ability to get paid for their work. But filing a mechanic’s lien is only an initial step in the payment […]