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Chicago NCS CTIC - Newsletter1Q2016
What's New in Mortgage Foreclosure Law, Important Changes to City of Chicago Transfer Stamp Purchases, Chicago Title's New Website and More!
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NEWS & EVENTS
By Douglas M. Karlen,
Vice President and Regional Counsel
Chicago Title Insurance Company
Several new laws affecting mortgages and mortgage foreclosures recently became effective. This article will describe these new laws.
READ FULL ARTICLE
At Chicago Title, we want to continuously provide our customers with unparalleled service and expertise in the industry. That is why as your single source for commercial title services nationwide, we have given our website a complete overhaul in order to maintain meaningful digital resources to keep you in the "Know". Visit our
page to meet our team of experts behind the industry's best-in-class title and escrow solutions; download the latest
Real Estate Laws & Customs by State
chart from our
page; learn about the latest commercial real estate news and events by visiting our blog on our
News & Events
page; plus more!
TAKE A TOUR OF OUR WEBSITE
Ann has been with Chicago Title for almost 20 years and most recently with the National Commercial Services unit. She is a commercial underwriter for large, multi-million dollar transactions that affect Illinois property located in the Chicago metro area. Ann is considered to be the "go-to person" for customers and staff by providing timely analysis and recommendations on
technical underwriting questions
Ann received her Juris Doctor from IIT Chicago-Kent College of Law and is the author of two articles published by Chicago Title, one being our most recent #CTtalk article,
Limited Liability Companies in Illinois
. She is also co-author of a chapter published by Illinois Institute for Continuing Legal Education.
Ann enjoys attending hockey and baseball games, traveling with her husband and attending Czech social events.
Learn More About Ann
Important Changes to the
City of Chicago Transfer Stamp Purchases & Penalties
Effective January 1, 2016, all City of Chicago transfer stamp purchases will be handled within
, the online stamp purchasing website, established by the State of Illinois.
Paper forms will no longer be accepted by the City of Chicago. State of Illinois & County transfer tax forms are not affected by this change.
to learn more about the requirements, interest & penalties, or watch the video above published by the City of Chicago Finance Tax Division.
Chicago Title's New Series:
Our series of articles called #CTtalk (formerly "Title Issues") cover a wide range of title insurance related topics written by our knowledgeable team of experts at Chicago Title.
#CTtalk provides information useful for all of our customers: f
Title Insurance 101
for new attorneys to
Construction Issues at Closing: A Title Company's Perspective
for lenders to
for the most seasoned professionals.
CHICAGO NCS BLOG
for new articles posted each month or follow us on Facebook, Twitter and LinkedIn for updates!