Tom Resnick
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Son worries his brother will take father's assetsMay 20, 2022 7:00 am - Q: My father died a couple weeks ago. My mom died five years ago. He had three sons and his only assets are his house and his IRA worth maybe $200,000. My one brother ha...
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When to buy commercial property, or corporation?Apr 16, 2022 6:00 am - Q: I am looking at a piece of commercial property being held by a corporation. The seller tells me this is the only asset of his corporation and he is asking me if I wis...
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Ex-spouse worried about his financial interest in houseMar 18, 2022 6:00 am - Q: My wife and I were divorced about eight years ago. I have since moved to another state. Part of our agreement was that she would sell our house on or before our young...
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Buyer should seek estoppel letter from building tenantsFeb 11, 2022 5:00 am - Q. I am looking into purchasing an apartment building for the first time. I have been doing research on the subject and often I see it is recommended that I obtain estop...
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Seller fails to disclose repairs required by association boardJan 08, 2022 6:01 am - Q: My daughter bought a townhouse and closed in May. The homeowners association supplied its information just three days before closing in a faxed document that was diff...
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Delay in closing date puts homeowners in a quandaryDec 17, 2021 6:01 am - Q. My husband and I have been attempting to buy a new house. We had a contract to sell our existing house and found a house we really liked. We made an offer that was co...
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Shared driveway causes tension between neighborsSep 24, 2021 7:01 am - Q. I share a driveway with my next door neighbor. We both enter the driveway at the same spot and then about 30 feet later, the driveway splits off to our separate prope...
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Late father's lack of a will complicates a home saleAug 20, 2021 7:01 am - Q. My dad was planning on selling his home and moving to a senior community. Unfortunately, he passed away before he could get the house listed and sold. My mom passed a...
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New Cook County landlord ordinance changes security deposit rulesJul 17, 2021 7:01 am - This column is to inform Cook County landlords of the passing of the Cook County Residential Tenant Landlord Ordinance, which became effective June 1. I strongly suggest...
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Damaged interior brick wall needs costly repairJun 19, 2021 7:01 am - Q: I read your interesting piece on who is responsible for unit damage due to water leakage in a common element roof. What about a somewhat similar scenario involving th...