Real Estate Caselaw Update 2025

This course discusses the Illinois Real Property Disclosure Act, Misrepresentations, Declaratory Judgements, Escrow Agreements & Escrow Agents, Fraudulent Deeds, Construction Agreements, and Express and Implied Warranties. The presenters also provide tips for using the 7.0 Contract.

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.

Programs on drawing legal descriptions usually involve the participants using protractors and triangular engineer's scales and spending long hours drawing out sample legal descriptions. But it doesn't have to be that way. Dick Bales has written a basic legal description class for attorneys.