IRELA

This program provides updates on the Illinois Condominium Property Act and new caselaw from the past year.

In this program, Paul Garver and Erica Minchella discuss what they are seeing now that the new Multi-Board 8.0 Contract is in use.

Real estate attorneys work with deeds every day. Attorneys for sellers of land prepare deeds for their closings. Attorneys may think that “deeds” are a fairly mundane topic, but Dick Bales hopes to prove otherwise. Dick has put together a comprehensive handout discussing virtually every facet about deeds, including such matters as the Doctrine of After Acquired Title, Dresser Drawer Deeds, Signature by Mark, and Underwriting Wild Deeds. Public Act 102-927 recently amended 765 ILCS 5/8, the statute on special warranty deeds. This new legislation has resulted in some controversy. Dick has attempted to study the issues from all angles, and he hopes to provide some thoughtful commentary on this very topical subject.

This course discusses implementation of changes in these areas and what has been learned. The course looks back at contemplated issues and gives an update on realization of what was thought would be a problem. The course includes a discussion of the new 8.0 contract and how that has impacted this topic as well.