Real Estate Committee MCLE Meeting – May 8, 2014
11:45 am – 1:00 pm
Speakers: Robert Borla & Joe Fortunato
The presentation will provide details of the anticipated changes to the Multi-Board Residential Real Estate Contract 5.0, with emphasis on the major revisions and the policy decisions that provided the rationale for the changes. The presentation will also reference changes in lending practices and procedures that provided the impetus for changes, as well as the experience of lawyers using other contract forms and changes to our form that results from such experience.
The presentation will reference the less obvious yet still relevant amendments, some made in response to recent case law and most of which affect lawyers to a greater degree than real estate brokers.
These amendments also have an impact on the legal rights and responsibilities of the parties to the contract. Finally, we will discuss changes in format and usage suggested by brokers.
Attorney Resources Center
DuPage Judicial Center
505 N. County Farm Road
Wheaton, IL 60187
Lunch at the Attorney Resource Center (ARC) is free!
Please Register online by clicking here to ensure there is enough food for all attendees.
You must be a current DCBA member to receive credit for MCLE Committee meetings.