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Individuals who own and operate successful businesses may feel more inclined than the average person to create estate plans. They may recognize the value of their resources and the importance of preventing their families from fighting over them. While estate planning...
A commercial lease is a contract between a party that owns a building and a party that wants to operate a business there. Commercial leases give entrepreneurs or established business executives access to new facilities while providing rental income for the property...
Jacqueline M. Satherlie has more than 30 years of experience representing businesses and individuals in a variety of general, business and commercial legal matters, in state, federal and appellate courts.
1969-2024
Many businesses rent commercial real estate initially because they are unsure of their needs or their company's chances of success. However, organizations with a track record of success or substantial funding may decide to purchase real property. Buying undeveloped or...
Illinois commercial real estate is big business. Illinois Policy reports that Chicago has the second highest commercial property taxes in the United States. With so much money on the line, it’s no surprise negotiating real estate purchase agreements can feel...
In Illinois, a commercial retail lease is a contract negotiated between a tenant and a landlord to rent a retail space. Understanding the lease structure and terms is crucial in securing a favorable deal and knowing which parts of the lease you can negotiate and how...
When navigating a real estate transaction, it is important to ensure you are not making a critical mistake. There are many real estate laws that can get in the way of maintaining your best interests, and some mistakes are more common than others for people who are new...
When work is done on your Illinois home, you typically pay the general contractor hired to complete the project. However, the contractor will likely hire other parties to supply products or complete tasks related to your home improvement project. If any party related...
Are you considering the purchase of a commercial building in Illinois? Buying commercial real estate can be challenging, especially if you're doing so for the first time. Doing your homework goes a long way to ensure that your intended property is a good investment....