Commercial Real Estate Broker Lien

Commercial Real Estate Broker (Realtor) Lien Act Realtors bring together  buyers and  sellers of real estate.  For this service, the seller normally pays a commission to the realtor.  At the closing of this transaction, the realtor then receives a big check. As with most things in life, sometimes things go awry.  Some transactions the owner…


Are Realtors liable if you buy a defective property?

Let’s say you buy a property built on sand. Then as the Good Book says, a storm happens and the house collapses. Is the realtor liable to you because he didn’t tell you that houses built on sand are not very stable? Probably not. In Illinois Normally a realtor can rely upon the disclosures of…