Remote Closings in Illinois – Can Real Estate be Contactless?

stay home design for covid19 contactless closings with floorplan

Last week, my entire LinkedIn was buzzing about how to do a “contactless closing.” For many real estate closing attorneys, remote closings represent our best chance of staying normal in our markets. But, Illinois has non-conforming electronic transactions laws. How do we do it? Is there help for doing remote closing in Illinois? What can we do during the COVID era?

Dual Agency? Rights, Realtors, and Lawyers.

two young men reviewing a laptop for dual agency article

While dual agency agreements allow buyers and sellers to save money and better project costs, both parties will never truly get the maximum benefit they would in an adversarial transaction.

Real Estate Disclosure in Illinois

real property disclosure

If you are a buyer or seller in Illinois, the disclosures are probably the most financially important part of your transaction. Normally, your Realtor will help you fill this form out as a seller, or help you understand it as a buyer. However, I think a knowledgeable attorney can help you understand this real estate […]

Illinois Contracts and Real Estate: Attorney Review and Due Diligence

attorney review contract

Whenever you enter into a purchase and sale agreement in Illinois, whether you are a buyer or a seller, you will agree to an Attorney Review provision. To be sure, Illinois is somewhat unique in this way, and not many states require a lawyer for Real Estate contracts. To clarify, this article will inform you […]