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Real Estate Investments and LLCs

Why Landlords Should Consider Setting Up an LLC?

A Limited Liability Company or otherwise known as an “LLC” is the preferred method of incorporation for real estate investors. The purpose of an LLC is for the following purposes:

Plano Quitclaim Deed Attorneys

In this blog article, we will discuss quitclaim deeds and how to transfer your property ownership into an LLC or otherwise known as an “Limited Liability Company”. 

Kendall County Quitclaim Deed Attorney for Real Estate Investors and Property Owners

A quitclaim deed enables a new property owner to obtain whatever the current owner has in the property when the real estate deed is signed and delivered. Hence, a quitclaim deed is unlike a warranty deed because the new property owner gets the property interest that was previously owned by the past owner. Therefore, liens, judgments, and mortgages will still require title clearance for a sale of the property to occur.

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Kendall County Landlord Evictions

This blog article will discuss the forcible entry and detainer process in Yorkville and Kendall County. Property owners understand the forcible entry and detainer process as “Landlord Evictions.”

Kendall County Landlord Evictions

In Yorkville and Kendall County, evictions are processed in Room 116 of the Kendall County Courthouse. The first step in the eviction process is to prepare and deliver the eviction notices. As a rule, the most common eviction notices are a five-day and thirty-day notice. 

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residential landlord eviction lawyers

In our experience, residential landlord evictions range from six to ten weeks in Will County to be processed from the beginning to the end. Landlords often wonder how long the eviction process takes in Will County and nearby Communities. 

An eviction proceeding may also be known as a “forcible entry and detainer action”. Landlord Evictions, LLC processes evictions for landlords exclusively in a cost-effective and efficient manner. The process if broken down into five parts.

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Kendall County Real Estate Attorneys 

Yorkville and Kendall County Real Estate Investors Attorney

At Gateville Law Firm, we represent real estate investors and property owners with regard to their real estate transactions in Kendall County including Yorkville, Oswego, Plano, Plainfield, Newark, Sandwich, Somonauk, and nearby areas. A cash deal is a strong offer on a residential real estate property.

The most formed contract for residential real estate closings is the Multi-Board Residential Real Estate Contract 7.0, which dictates a standard contractual agreement that is used by realtors, buyers, and sellers in the suburbs of Illinois. A real estate investor or property owner that offers a cash offer is a strong position to obtain an accepted real estate contract.

Residential Real Estate Attorney Serving Oswego, Plainfield, and Kendall County

The first step in hiring a buyer or seller’s residential real estate attorney is to call us at 630-780-1034 and establish the attorney-client relationship. The second step after hiring us is to have us negotiate the attorney review and home inspection process.

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sWill County Landlord Eviction Attorney

Residential evictions are complex matters for landlords and real estate investors. At Landlord Evictions, LLC, our attorneys, and staff specialize in Landlord Evictions exclusively representing Landlords. In this blog article, we will discuss the eviction process in Will County and Kendall County. Both counties have similar processes in place.

The first step in prosecuting a residential eviction or otherwise known as a forcible entry and detainer is delivery of the eviction notice. The most common eviction notices are the thirty (30) and five (5) day notices. There is also a seven (7) and ten (10) day eviction notice. We will not discuss the later two eviction notices in this article.

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Kendall County Rental Property Lawyers

Property Protection Attorney in Yorkville and Kendall County

Property ownership is a big responsibility and is a huge liability concern. Real estate investors and landlords are often ill-prepared in how they structure their rental property ownership structure. Proper business structure is vital for real estate owners because one lawsuit can wipe out a lifetime of wise decisions.

Real Estate Asset Protection: Kendall County Real Estate Attorneys

Realtors and lenders often say that renters should fire their landlord. In many cases, landlords regret their decision to invest in rental property. Rental property is a long-term investment, which must be protected. In many cases, we see families that have real estate title vested in each other’s names or in one person’s individual name. This is a tragic mistake.

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