Your Real Estate Law Questions Answered
If you have questions about real estate law in Illinois, we are here to answer them. We can also provide you with skilled representation regarding residential and commercial real estate transactions in Chicago and the surrounding region.
Following are some of the most frequently asked questions we receive about real estate law.
Do I Need An Attorney To Buy Or Sell A Home?
You don’t need an attorney, but you can protect your interests by hiring a knowledgeable one. Whether you are buying or selling, an attorney can review all of your documents to ensure that you are truly getting the deal you think you are getting. Without knowledgeable legal guidance, you may encounter unwelcome surprises in the future, including title defects, lawsuits and other liabilities.
What If The Other Party Backed Out Of A Sale?
If a party backs out of an agreed-upon contract, the other party may have grounds for a breach of contract lawsuit. The aggrieved party may be entitled to restitution for transaction fees and other expenses related to the matter.
What Do I Bring To A Closing?
If you are buying a home, you should bring identification, proof of insurance and funds for making a down payment to the closing.
If you are selling, you should bring a photo ID, keys to the property and any other documents your escrow agent or real estate lawyer advises you to bring.
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