Codilis and Associates is a law firm in Burr Ridge, Illinois that first opened its doors in 1977. The team at Codilis & Associates most provides services largely to clients within the mortgage lending industry, maintaining focuses in many areas of real estate law.
Real estate law is a legal discipline that covers both physical and intangible aspects of property ownership. This includes objects, structures, and land located on a property, as well as the rights, interests, and terms through which property ownership is established. Real estate law covers disputes in both the residential and commercial property markets.
Because mortgage lenders play a key role in most real estate transactions, lending institutions are at risk of finding themselves involved in litigation with property owners. Some of the more common types of legal cases that mortgage lenders find themselves involved in are related to paperwork issues, loan modifications, home foreclosure, contract disagreement, and discrimination.