Nearly all who buy or sell a home employ a real estate broker. According to the Illinois Licensing Act of 2000, a real estate broker, as a fiduciary, will owe certain duties to a buyer/seller. For those employing a real estate broker, a review of these duties may be beneficial. These duties include: Reasonable Skill…
What are the advantages of hiring an Agent?
How are commissions calculated and what am I responsible to pay?
Things To Consider Before Purchasing Real Estate – The Homeowner’s Association
As this blog has discussed on many occasions, there are a number of items that a potential purchase of real estate needs to contemplate when buying a property. One thing that many people tend not to pay much attention to is whether the property is governed by or a member of a homeowner’s association. This…
Illinois Law Protects Against Discrimination In Sale/Rental Of Housing
Adopted in 1978, the Illinois Human Rights Act (“IHRA”) was intended to update state laws to make them more consistent with one another with the ultimate goal of prohibiting discrimination in employment, real estate transactions, financial credit, and access to public accommodations. The IHRA prohibits “unlawful discrimination” based on “race, color, religion, national origin, ancestry,…