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?
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.