Following are recent disciplinary actions taken by the Real Estate Division of the Illinois Department of Financial and Professional Regulation, http://www.idfpr.com/News/Disciplines/DiscReports.asp
Implied warranty of habitability not available to second purchaser after valid waiver by original purchaser. In Fattah v. Bim, 2016 Ill. 119365, the Illinois Supreme Court held that the implied warranty of habitability of a home could not be extended to a second purchaser when a valid, bargained-for waiver of warranty was executed between a builder-vendor and the first purchaser. The Supreme Court reversed the appellate court’s decision in Fattah v.
Property managers always hope to attract good tenants—those who pay the rent, lead quiet lives, and treat their apartment with care. One popular tool for determining whether a prospect will be a suitable tenant is the criminal background check. Doing or purchasing such research appeared to be an appropriate method for weeding out the bad actors and became much easier in the age of the internet.
FOR RELEASE: June 22, 2016
For Further Information Contact: Stephanie Sievers, 217-529-2600
On Tuesday, 2016 Illinois REALTOR® of the Year Chris Read and 25 REALTORS®, chosen by their local associations because of their professional and community leadership, will be honored at the REALTOR® of the Year banquet.
Executive Vice President Luke Bell Began his career with Illinois REALTORS® last week.Find out more.<
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The Illinois Senate unanimously approved HB 6245 on Sunday, a bill that's intended to clean up language in the Real Estate License Act of 2000 and clarifying continuing education hours.
REEF scholarships meet different needs
GRI® Graduates: You have earned VIP access!
November 30 and December 1 at the Embassy Suites in East Peoria, REunite with your fellow GRI Grads, REconnect with your education by earning 6 hours of CE and REenergize yourself at this Grads-only live training!