Of course, instead of “protecting” its revenue stream, an argument might be made that the City of Chicago is trying to legitmize an unlawful practice of collecting transfer taxes when none are legally due – a position the City’s own Administrative Law Judges are confirming.
Kymn Harp is a solutions oriented commercial real estate and business attorney in Chicago, Illinois. Harp is an Executive Committee member of Chicago, Illinois based law firm Robbins DiMonte, Ltd, a full service law firm representing middle market businesses, business owners, commercial real estate investors and developers, banks, and wealthy individuals.
Representing commercial real estate owners and developers and private sector businesses since 1978, Harp focuses on understanding his clients' precise business needs and then developing and implementing creative best practice solutions.
Kymn (pronounced "Kim") is a frequent speaker at industry and bar related conferences, and an author of numerous articles on topics of interest to the commercial real estate industry and privately held business owners. He is the author of "ILLINOIS COMMERCIAL REAL ESTATE - Due Diligence to Closing, w/Checklists", a book focused on due diligence and commercial real estate, available at Amazon.com and other online bookstores.
Harp believes that in order to get what you want, you have to know what you want. You must employ due diligence in understanding the obstacles and opportunities presented, and in developing and executing a plan of action. There is no reliable shortcut to having a precise objective and an understanding of exactly how to achieve it.
