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Kori Maria Bazanos

Kori Maria Bazanos

Bazanos Law P.C.
  • Construction Law, Real Estate Law, Business Law
  • Illinois
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Summary

I have been practicing law since 1995. I established my own firm in 2008 to better address the unique needs of the individuals and businesses I represent. I have considerable experience in the area of real estate law including the following:

Construction and mechanics lien litigation as well as drafting
mechanics liens and bond claims;

Representation of buyers and sellers of residential real estate,
working closely with my clients' and their brokers and lenders to
ensure a smooth closing; and

Quiet Title Actions.

I also practice in the general area of commercial litigation, creditors' rights, and the representation of creditors in bankruptcy proceedings. I assist my clients in resolving disputes outside of litigation.

Practice Areas
  • Construction Law
  • Real Estate Law
  • Business Law
Additional Practice Areas
  • Mechanics Liens
  • Residential Real Estate Closings
Fees
  • Free Consultation
  • Contingent Fees
  • Rates, Retainers and Additional Information
    Flat fees for residential real estate closings
Jurisdictions Admitted to Practice
Illinois
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Languages
  • English: Spoken, Written
Professional Experience
Attorney
Bazanos Law P.C.
Current
Education
Chicago-Kent College of Law, Illinois Institute of Technology
J.D.
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Chicago-Kent College of Law, Illinois Institute of Technology Logo
Marietta College
B.A. (1982) | Economics
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Professional Associations
Illinois State Bar
Member
Current
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Illinois Real Estate Estate Lawyers Association
Member
Current
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Chicago Bar Association
Member
Current
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Publications
Articles & Publications
Illinois Construction Law Manual, Co-Author Ch. 13 Mechanics Liens
West
Websites & Blogs
Website
Website
Legal Answers
4 Questions Answered

Q. what is the homestead exemption in illinois if there is 4 names on the deed? I know illinois allows $15,000 for single
A: 735 ILCS 5/12-901 provides that "If 2 or more individuals own property that is exempt as a homestead, the value of the exemption of each individual may not exceed his or her proportionate share of $30,000 based upon percentage of ownership." This Section further provides that it" is not applicable between joint tenants or tenants in common but it is applicable as to any creditors of those persons." The Illinois homestead exemption is a complex concept and and various facts may affect its application. You should consult an attorney to explain the particular facts of your situation to determine whether the Illinois exemption applies to your situation.
Q. in Illinois if the house next to me is for sale, does the realtor have to have the property surveyed if i request it.
A: Your neighbor most likely will order a survey for the buyer of their property. However, your neighbor (or the buyer or their property) is under no obligation to share that survey with you. The new buyer may purchase the property, aware that the fence encroaches on your property. If you are concerned about an encroachment, and your neighbor will not voluntarily share the survey, you should order a staked survey. I suggest that you contact a lawyer in Macon Illinois to further discuss the concept of adverse possession and the effect of an encroachment.
Q. In a home sale can a real estate agent that is acting as a Dual agent represent the buyer at closing, in state of IL?
A: No. To do so would be considered the unauthorized practice of law.
Q. How do I transfer ownership of my house without a sale?
A: You may transfer any rights you have in the house by way of a quit claim deed. I recommend that you retain an attorney to assist you with this, to ensure it is done properly.
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Contact & Map
20 North Clark Street
Suite 3300
Chicago, IL 60602
USA
Telephone: (312) 578-0410
Fax: (312) 648-6202