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Real Estate: Seller Representation in Skokie and Cook County, Illinois

Whether you are selling residential or commercial real estate property in Illinois, you want to be certain that all legal documents are drawn up correctly and that your interests are carefully represented. This is why it is essential that you hire an astute, experienced real estate attorney to assist you. Because the State of Illinois doesn’t allow licensed attorneys to be paid by commission, your lawyer, unlike your real estate agent, will be your personal advocate,  unpressured to close the deal simply in order to collect a commission. If you are selling residential or commercial property in Skokie or Cook County, you are at an advantage: you have easy access to one of the premier real estate law firms in the state: M&A Law Firm, P.C.

Why You Need M&A Law Firm to Assist in Your Real Estate Sale

At M&A Law Firm we pride ourselves on tailoring our legal approach to your particular needs and to keeping all aspects of our communication with you confidential. We always make your best interests our priority. Because of our in-depth, comprehensive knowledge of real estate law in Illinois, we are able to provide you with the following services efficiently and effectively:

  • Drafting, reviewing, and enforcing legal documents

  • Amending such documents when necessary with legally binding clauses

  • Explaining and clarifying legal terms

  • Delineating the consequences of signing documents

  • Protecting you from possible legal risks

  • Informing you of your legal rights relative to the contract and closing

  • Clarifying what type of disclosures you are legally required to make to the buyer

  • Entering into complex negotiations, especially in commercial sales

  • Advising you in regard to investment opportunities

  • Representing you at your real estate closing

You should note that The Supreme Court of Illinois has ruled that while real estate agents can fill in standardized contract forms, they cannot alter such documents by writing in added words or amendments. This is another reason it is crucial to have the support of a strong real estate attorney when you’re trying to make a sale.

Disclosures You Must Make to the Buyer When Selling Real Estate in Illinois

As a seller, you are required to inform prospective buyers about any issues relevant to the safety, healthfulness and quality of your property. You are responsible for disclosing:

  • Environmental concerns such as the presence of lead or radon

  • Instances of past flooding

  • Designated risk of flooding

  • Unsafe conditions of any kind

  • Code violations

  • Disputes about boundaries

  • Defects in structures or systems

Disclosing any pertinent information listed above is not a substitute for the inspection that the buyer will initiate. Any potential buyer is expected to conduct due diligence to protect his or her rights. Presumably the buyer of your property also has a capable attorney. The facts you reveal in disclosure are meant to level the playing field between the buyer and you during price negotiations and to make certain that any potential buyer is aware of any zoning or environmental concerns.

M&A Law Firm, P.C. Is a First-Rate Resource for Real Estate Sellers in Illinois

In commercial, as well as residential, real estate sales, our attorneys always have current knowledge of state and federal law. If you are selling real estate in Skokie or Cook County, we are ready to help you make well-grounded decisions about the property you plan to sell.

Types of  Residential and Commercial Real Estate Sales We Handle in Cook County

In Illinois as throughout most of the country, real estate covers properties in many shapes and sizes, built to serve a variety of purposes, including:

  • Single owner houses

  • Two-family houses

  • Condominiums

  • Vacation homes

  • Office space

  • Retail stores

  • Warehouses

  • Industrial buildings

  • Apartment houses

  • Hotels

  • Investment properties

In many cases, commercial buildings have more than one purpose, for example having a store on the ground floor and one or more apartments above. Because the value of the property you are selling will vary according to the local market, our insightful attorneys make sure to keep you apprised of present conditions in the neighborhood and future planning that may affect such things as population growth, types of competitive structures in the surrounding area, zoning regulations and environmental concerns.

Why You May Be Selling Your Residential or Commercial Property

There are many reasons you may want to sell your residential or commercial property. Depending on the reason for your sale, you may need to make a quick sale or be prepared to wait for the best possible price. Reasons for selling real estate include:

  • Relocating your home or business

  • Cashing in on your investment for retirement, travel or paying off debt

  • Seeing the writing on the wall that your property may depreciate in the future

  • Being aware that your property is at a pinnacle of value at this time

  • Your family or business is expanding or downsizing

No matter what your reason for selling your property in Skokie or Cook County, M&A Law Firm can offer you excellent legal counsel. Not only are we good communicators, adept at translating legalese, we are confident that we can help you to sell your property efficiently for an optimal price. You can contact us by phone or by filling out a form on our website.

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4438 Oakton Street, Skokie, IL 60076
| Phone: 847-786-8999

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