Real Estate

If you are buying or selling a home, or purchasing or selling business property, there are different rights and responsibilities that you will have contractually with the person or business on the other side of the transaction.

Franks Gerkin McKenna is known for its skills in the negotiation and closing of all types of business transactions for individual and commercial clients. We are the team to trust when it comes to real estate law in McHenry County, Illinois.

Whether your needs involve residential or commercial real estate, general corporate or commercial transactions, or complex mergers and acquisitions, we have the experience it takes to get you the result you need.

In what situations do I need a real estate lawyer?

There are a number of situations where you would need a real estate attorney. Below are a few examples:

  • Buying or Selling a Home
  • New Construction
  • Commercial Property Transactions
  • Zoning and Land Use Matters
  • Business and Residential Loans
  • Tenant and Property Rights Issues
  • Acquiring and Granting Easements

Most people only deal with these types of real estate transactions once or twice in their entire lifetime. We address these on behalf of our clients every day.

We work with you and the others on your team—your realtor and your accountant—to step you through the transaction to a successful conclusion. We will be open and honest with you throughout the entire process. Since we are not dependent upon the transaction closing, we are able to represent clients without pitting your interests against our own.  You hire an attorney for guidance and advice; we provide honest guidance throughout the entire transaction process.

There are many reasons to hire a real estate attorney. On the seller side, there are documents that need to be prepared. There are title commitments, surveys, well and septic reports, clear‑water certifications, and more, that all need to be ordered and obtained ahead of the closing. If you get to the closing and you do not have those things, then you, as the seller, have breached the contract, which could subject you to damages.

On the buyer side, again, there are obligations that must be satisfied to complete the transaction. Usually, though, there are also contingencies that are in the buyer’s favor. If the buyer neglects these contingencies, they could jeopardize their rights under the contract.

Our attorneys will look out for you without any separate agenda. Our goal is that your real estate transaction goes as smoothly as possible, and that you do not jeopardize any aspect of your finances or business in the process. We act proactively from day one and provide you with guidance every step of the way.

To learn more about how Franks Gerkin McKenna and our team of McHenry County real estate lawyers help you through this complicated real estate process, please contact our office. We are located in Marengo, Illinois, but we help people throughout McHenry County, Boone County, and surrounding areas.