Tag Archives: Protect yourself!

Protect yourself!

You decide it’s time to finally place your property on the market and contact a real estate broker to list it. The Realtor explains the listing contract to you, which is a legally binding contract and is enforceable under United States laws. The contract should always include basic information such as the parties’ names and a sales price along with being signed by all parties involved. Make sure the terms are specific. In Illinois, a contract written for more than one year can, or one that is automatically renewable after one year, can be determined void. One of the biggest …

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