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News from our Affiliates Committee...September 2020

Cameron Lythberg resized and cropped

Presented by Cameron Lythberg, Lythberg Law, LLC  

PH:  815-239-0200    e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.    

web site: www.lythberglaw.com

 

"When the chain of title delivers bad news"

Title Insurance is a staple in Illinois real estate, obviously for the insurance protection it gives our clients, but also for the certification. When I say certification, I mean the benefits of a title search, actually looking at the chain of title and being able to ascertain that the person selling the property actually owns the property and is able to sell it. This proposition seems silly at a glance. Who would try to sell a property that they don’t actually own? The answer is….quite a few people. While these issues aren’t common, I do see them pop up from time to time when working on real estate sales.

            Contrary to popular belief, bigger is not always more complex. The clients I encounter that have title problems often aren’t selling multi-million dollar commercial buildings (generally the title work for those properties is well looked after, trust me), but rather it’s for our more rural clients, generally those in rural Will County, Grundy and LaSalle. The “common” title work client is generally a family who inherited a property from their parents/family/friend/or just moved in after the fact. Often it will be “in the family” for generation and because it was always presumed that the property was “in the family” and no one ever challenged that belief, then how could the property be owned by anyone else? This is compounded by the fact that the tax bill is in the “correct” name and they have been dutifully paying taxes for years or even decades.

            The sad reality is, if a municipality notices that property taxes are coming in and see the person on the bill paying (or, in my experience, someone with a similar last name enough for them to not get suspicious), most municipalities will not challenge the person’s claim to the property. It’s a waste of time and resources to check every chain of title within the city/village limits so they won’t do the detective work. Most clients do not get hit with the sad truth until they try to sell.

            After breaking the bad news that someone does not actually own the property the next question I get is always why. Common things that disturb this are: failure of one party years ago to record a deed; someone recording a different deed to “correct” an earlier one (this second one is invalid but many people think this works); people not understanding the right of survivorship recognized in Illinois; and people making deals with small municipalities for land decades ago that never actually came to fruition. These problems go unnoticed due to mutual unawareness. The individual in possession of the property is not aware that he/she didn’t own it and the person who has legal title is unaware he/she did own it.

            While these problems definitely throw a wrench into a real estate transaction, they are not insurmountable. I have actually had success convincing the true title holder to deed the property to the seller. Often they know each other or are related. Other times there becomes a land dispute and I have to turn to the courts to “quiet the title” of the true title holder. Just because someone does not have legal title doesn’t mean they don’t have an equitable title which I’ve discussed in an earlier newsletter. If someone has had an “open and notorious” possession of the premise for a length of time they can acquire legal title. More common is if someone pays property taxes under “color of title” (meaning a reasonable person could think they owned the property) than the property can be acquired that way as well. I’ve done several such suits. Unfortunately, litigation battles can be expensive and many don’t want to spend money on such a task, particularly if the value of the property is nominal. Still, for client’s looking to sell significant amounts of real estate the endeavor may be worth it. If you have any questions feel free to contact me at 815-239-0200 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it.. Thank you.

 

Jesse Lang reduced smaller

Presenting Dr. Jesse Lang, Shorewood Elite Healthcare

  PH:  815-436-1988                                e-mail:  shorewoodeliteinfo@gmailThis email address is being protected from spambots. You need JavaScript enabled to view it.

  web site: www.shorewoodelitechiro.com

 Shorewood Elite Healthcare...Where Science + Care = Results

About the Doc…

Dr. Jesse Lang grew up in a small town in central Illinois, where his parents instilled in him the value of hard work, and the importance of being passionate about what you do in life. His intrigue with the chiropractic profession began at a young age when he saw firsthand, the benefits it had on his family. This intrigue and passion set the foundation for his path to becoming a Chiropractor.

In 2009, Dr. Jesse graduated from Logan University in Chesterfield, MO with his Doctorate of Chiropractic degree. While working towards this degree, he also obtained his Master’s degree in Sports Science & Rehabilitation. After graduating, Dr. Jesse and his family moved back to Illinois where he began working as an Associate Doctor at a high volume practice. He has worked at a few different practices in different cities, with the ultimate goal of opening up his own. He has been able to take his knowledge and experience to develop Shorewood Elite Healthcare into a very family-friendly, wellness-driven practice.

In his spare time, Dr. Jesse enjoys being with his family, traveling, playing his guitar, being outdoors, going to concerts, and attending seminars hosted by his mentors. He hopes to continually expand his knowledge-base and abilities, in order to always bring the utmost patient-centered care to his practice.

Who we are….

At Shorewood Elite Healthcare, we are focused on providing stress-relieving care to those of all ages. We specialize in chiropractic techniques for those in high-stress environments. Whether you are a first responder, fire fighter, teacher, parent, or student, we are here to serve you. You are the silent heroes of our community, and deserve elite care…. now more than ever.

Our immune system is a primary defense during these times, and our goal is to armor people with a better understanding of the connection between the brain, the nervous system, and the immune system. Most importantly, to have a clear view of how well their nervous system is performing at the current moment.

We are here. We care. We welcome you.