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Condominium Termination: A Potential Path for Repurposing and Redeveloping Aging Condominium Buildings

Summary - Termination has been a component of condominium law from its inception but has been pursued only in limited circumstances. It is unfamiliar ground for many associations and practitioners. This article reviews the...more

Real Estate Transactions: Consider These Safeguards During Times of Economic Uncertainty

Higher interest rates, inflation, and a looming recession have all had an impact on the economy at large, but they have especially roiled the real estate industry....more

Recent Bankruptcy Court Case the First to Provide Pandemic-Related Rent Relief to a Tenant Under a Force Majeure Clause

The United States Bankruptcy Court for the Northern District of Illinois – Eastern Division recently held that a lease’s force majeure clause sustained a claim for rent abatement arising out of the COVID-19 pandemic. Both...more

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