D.R. Legal News

Current Issue: February 2011 (pdf)

Credit Checks & Seller Financing
Recently enacted legislation in Illinois may impact your real estate brokerage business in 2011. The new laws deal with the use of credit checks in the hiring of employees and seller financing of certain properties. Read more >

Transition Checklists
IAR legal counsel have prepared checklists to help you and your agents understand the steps to transition to the new license categories in the rewrite of the Illinois Real Estate License Act (salesperson to broker, salesperson to managing broker, broker staying broker, and broker to managing broker). Read more > 

IAR Broker Sentiment Survey
In the latest IAR Broker Sentiment Survey, a random sample of Illinois managing brokers share their comments on the current markets for single family, condos, new homes, rentals and commercial plus what's working best for agents working their "sphere of influence." 
Read more> 

Legal Case Studies
A review of cases of interest to the industry on topics including the unlicensed practice of real estate, home inspection statute of limitations and corporate landowner liability. Read more >

Real Estate Disciplines
Recent discipline action taken by the Illinois Department of Financial and Professional Regulation. Read more >


D.R. Legal News Online Only!
In March 2010, the former print D.R. Exclusive Newsletter was renamed D.R. Legal News and is published online only in a downloadable PDF format that is e-mailed to all IAR members who are the Designated REALTOR® (or D.R.) for their real estate office. Be sure to watch and open all e-mail from “IAR Communications” or the "Illinois Association of REALTORS."

The D.R. Legal News is e-mailed quarterly (March, June, September, December) to the Designated REALTOR® member of the Illinois Association of REALTORS®. For reprint permission, contact iarnews@iar.org.

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