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Weekly 3-3-15

IDFPR Provides Process for Managing Brokers to Revert to Broker Status

The Illinois Department of Financial and Professional Regulation (IDFPR) has released a form that will allow Illinois managing brokers to revert back to a broker license.

Real Estate Disciplines March 2015

Real Estate Disciplines

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

Unincorporated Cook County Zoning Use Certification Effective March 21

Unincorporated Cook County Zoning Use Certification Effective March 21

Effective on March 21, 2015, prior to the sale of any property in unincorporated Cook County (except condominium or coop units), the Seller must apply to the Cook County Building Commissioner for a Zoning Use Certificate.  The stated purpose of this new requirement is to help ensure that the parties in a real estate transaction have knowledge of the zoning and permitted use of the parcel in the transaction.

Weekly 2-24-15

Illinois Consolidated Primary is Today. Get Out and Vote!

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Real Estate Disciplines March 2015

Real Estate Disciplines


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

Legal Case Studies March 2015

LegalCase Studies

Research and analysis by Lisa Harms Hartzler, Sorling Northrup Attorneys

Penalties exceeding $35 million imposed in illegal mortgage referral scheme. Genuine Title, a now defunct Maryland-based title company providing real estate closing services, purchased, analyzed and provided data on consumers at no cost to loan officers at Wells Fargo and JPMorgan. It also created marketing letters for the banks that it printed, folded, stuffed into envelopes, and mailed.

.REALTOR Domain Now Available: Rules and Guidelines for Proper Use

.REALTOR Domain Now Available

Rules and Guidelines for Proper Use

By Jeffrey T. Baker, Sorling Northrup Attorneys, IAR Transaction Helpline Attorney

This past fall, the National Association of REALTORS® launched the .REALTOR top-level domain for its members. For those of you unfamiliar with internet lexicon, an organization called the Internet Corporation for Assigned Names and Numbers or ICANN is responsible for authorizing all of the top-level domains, or TLD’s for short that can be used in internet website addresses.

On Common Ground

On Common Ground is a semi-annual newsletter sent to Illinois elected officials that provides research, local ordinance and state law updates, and economic data related to the Illinois real estate industry. 

 

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2014

2015

Illinois sees double-digit gains in median home prices in January

FOR RELEASE: February 23, 2015

For Further Information Contact: Stephanie Sievers, 217-529-2600

Weekly 2-17-15

IAR Sponsors Kidzeum Green Home Exhibit in Springfield   

The Illinois Association of REALTORS® is donating $53,000 to the Springf