Real Estate Disciplines

Following are recent disciplinary actions taken by the Real Estate Division of the Illinois Department of Financial and Professional Regulation. Visit their website for more details and the most current disciplinary action. Real estate broker license reprimanded, fined $1,000 and required [...]

2019-10-17T11:52:20-05:00October 17th, 2019|DR Legal News|0 Comments

Hot on the Hotline

Attorney referrals, service and emotional support animals, and exclusive buyer’s agreements Attorney referrals The Illinois REALTORS® Legal Hotline has recently received a lot of inquiries about the steps necessary to combine brokerages, create referral relationships, and work [...]

2019-08-21T11:41:26-05:00August 21st, 2019|DR Legal News|0 Comments

Legal Case Studies: Takings Clause

Legal case studies this issue: U.S. Supreme Court takes extraordinary action in overruling a 1985 takings case that limited property owner’s right to sue in federal court. Subsequent purchasers of lots in unfinished development could be liable to finish [...]

2019-08-22T09:06:11-05:00August 21st, 2019|DR Legal News|0 Comments

Legal Forms Fully Updated

New language for brokerage agreements includes surveillance (audio and video), consent (including phone) and protected class gender identity, plus two NEW forms offered are the Affirmation to Cooperating/Buyer’s Broker and the Office/Company Start-up Checklist. By Mindie Nesch, Ethics [...]

2019-06-24T10:45:08-05:00June 19th, 2019|Legal, DR Legal News|0 Comments