Cook County's Standard Residential Real Estate Contract with Jim Lowry

Apr 28, 2022

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In this episode of Contract Teardown, attorney Jim Lowry digs into a Chicago-area residential real estate agreement to ask: what do we gain with standardized contracts? Illinois State law dictates that brokers cannot draft sales agreements, so Multi-Board Contract 7.0 streamlines real estate transactions and ensures they are all subject to the same protections and procedures. Hear what Jim has to say about the document and decide for yourself if a standard form makes things easier on attorneys.

Contract: MULTI-BOARD RESIDENTIAL REAL ESTATE CONTRACT 7.0 https://drive.google.com/file/d/1I0CWohZ042bFWrB2eDfZyUayFGbCXLCe/view?usp=sharing About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community

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