The Real Estate Lawyer's Guide to the Transfer on Death Instrument (TODI)

A comprehensive guide to all of these so-called “authority documents”—the various documentation that an attorney and title company need to review in order to underwrite the conveyance or mortgage of Illinois land by entities as common as corporations and as unusual as unincorporated associations.

Learn about transferring the ownership of a mobile home from a seller to a buyer in Illinois. This is not intended for situations where the land the mobile home sits on is included in the sale. However, if you and your client are dealing with an individual mobile home located in a pre-existing mobile home park, on somebody’s rented land, in a lot, or somewhere else involving a lease, then this presentation is for you. Walk through the practical steps in the process to transfer a mobile home title from one owner to the next. To help you further, example forms will be included to keep the process fairly simple and straightforward for you and your clients.

Real estate attorneys deal with Real Property Disclosure Statements every day. However, we seldom review the Disclosure Act to refresh our memories as to the who, what, and when of seller disclosure requirements. There are a number of exceptions exempting sellers from disclosing certain information, or from disclosing at all. There are also nuances of which we should be aware. As Sellers may subject themselves to significant consequences for failing to properly disclose under the Act, as attorneys we need to advise clients properly. Delve into the specific requirements of the Disclosure Act, its nuances, and select court cases under the Act.