When people own real property with no written agreement, the individuals will need to resolve any issues by agreement or filing a partition claim. If by agreement, then no court intervention is required. There are several types of documents that can memorialize the...
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When Buying Property, Always Perform Your Own Document and Physical Inspection
As a follow-up from a recently published Chicago Tribne article, in which Corey B. Stern was quoted as saying: • "The agent may not lie, but they might not tell you the whole truth," said Corey B. Stern, a partner in the Lisle-based real estate law firm of [nap_names...
Court Awards Brokerage Firm $50,000.00 Commissions Despite Not Having An Executed Brokerage Services Agreement from the Buyer
In a recent case, the Buyer of a business along with its real Property refused to pay the Broker for finding and presenting the Buyer with the sale of the Property. The Property was not listed on the MLS. The Broker found the Property which is considered to be an...
