The Bar News

Real estate: comparing the "common contract" with version 5.0

Chicago-area real estate lawyers take note: Multi-Board Residential Real Estate Contract 5.0 is coming, and it makes important changes to the so-called "common contract"  (i.e., version 4.0 of the multi-board contract) that many realtors in the region use. In the new ISBA Real Property newsletter, Joe Fortunato points out some of the most important differences between the new contract and its predecessor, discusses the implications of those changes and offers tips about how to react. Read his article.
Posted on December 10, 2009 by Mark S. Mathewson
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