DOES LOMONACO LAW MAKE CONTRACT MODIFICATIONS TO THE STANDARD MULTI-BOARD CONTRACT FOR SELLERS?
November 2, 2018HOW MUCH DO YOU CHARGE FOR A CLOSING?
November 2, 2018In Illinois the majority of buyers and sellers of real estate hire attorneys to handle their closings. It is not illegal to not have an attorney, but the system in Illinois is designed to have attorneys handle closings. Sellers in particular must prepare several legal documents at the closing to clear the title and legally transfer the property to the buyers- for this reason most sellers hire lawyers. Failure to prepare documents correctly to transfer title can lead to lawsuits in the future.
Category:
Seller - The Contract