Events

    • Thursday, January 24, 2019
    • 3:00 PM - 4:30 PM
    • Home State Bank, 611 S Main St., Crystal Lake, IL (Lower level)
    • 27
    Register

    Everything Practitioners Need to Know Before the Multi-Board 7.0 Release

    Speakers:
    Iver R. Johnson, Jr., Iver R. Johnson & Associates Ltd.

    Recently revised, the Multi-Board remains the most widely-used form contract in our state for residential real estate transactions. Understand what changes have been made in the 7.0 version, as well as common modifications that remain important. 

    Key Highlights:

    • Significant Reorganization
    • More of the variables in the first (2) two pages (e.g., closing credits, home warranties, etc.).
    • Changes to Mortgage Contingency
    • No more “intent to proceed”
    • Ability to Waive a Home Inspection
    • Emphasis on What Is (and Is Not!) Fair Game for Attorney Review & Inspection
    • New risks associated with making inappropriate requests
    • Creation of Addendum Pertaining to Multi-Unit Properties

    Please register in advance.

    MCLE: IRELA members will receive one (1) hour of credit, at no cost. Non-members are welcome to attend, though the cost of credit to non-members is $50 (attorneys not wishing to earn credit are welcome at no charge).

    Join IRELA on our website!
    For more information, please contact IRELA at: (312) 600-7720.

    Click here to download event flyer.

    • Tuesday, February 05, 2019
    • 1:00 PM - 2:30 PM
    • ISBA Mutual, 20 South Clark Street, Suite 800, Chicago, IL 60603
    • 0
    Join waitlist

    Registration has closed due to limited seating.
    Seats still available February 7th, register now.

    New Multi-Board 7.0 Contract

    Speakers: Members of the Multi-Board Drafting Committee, including:
      • John G. O'Brien

    Recently revised, the Multi-Board remains the most widely-used form contract in our state for residential real estate transactions. Understand what changes have been made in the 7.0 version, as well as common modifications that remain important. 

    Key Highlights:

    • Significant Reorganization
    • More of the variables in the first (2) two pages (e.g., closing credits, home warranties, etc.).
    • Changes to Mortgage Contingency
    • No more “intent to proceed”
    • Ability to Waive a Home Inspection
    • Emphasis on What Is (and Is Not!) Fair Game for Attorney Review & Inspection
    • New risks associated with making inappropriate requests
    • Creation of Addendum Pertaining to Multi-Unit Properties

    Please register in advance.

    MCLE: IRELA members will receive one (1) hour of credit, at no cost. Non-members are welcome to attend, though the cost of credit to non-members is $50 (attorneys not wishing to earn credit are welcome at no charge).

    Join IRELA on our website!
    For more information, please contact IRELA at: (312) 600-7720.

    Download event flyer.
    • Thursday, February 07, 2019
    • 1:00 PM - 2:30 PM
    • ISBA Mutual, 20 South Clark Street, Suite 800, Chicago, IL 60603
    • 35
    Register

    New Multi-Board 7.0 Contract   -   Additional meeting added in Chicago

    Speakers: Members of the Multi-Board Drafting Committee, including:
      • John G. O'Brien

    Recently revised, the Multi-Board remains the most widely-used form contract in our state for residential real estate transactions. Understand what changes have been made in the 7.0 version, as well as common modifications that remain important. 

    Key Highlights:

    • Significant Reorganization
    • More of the variables in the first (2) two pages (e.g., closing credits, home warranties, etc.).
    • Changes to Mortgage Contingency
    • No more “intent to proceed”
    • Ability to Waive a Home Inspection
    • Emphasis on What Is (and Is Not!) Fair Game for Attorney Review & Inspection
    • New risks associated with making inappropriate requests
    • Creation of Addendum Pertaining to Multi-Unit Properties

    Please register in advance.

    MCLE: IRELA members will receive one (1) hour of credit, at no cost. Non-members are welcome to attend, though the cost of credit to non-members is $50 (attorneys not wishing to earn credit are welcome at no charge).

    Join IRELA on our website!
    For more information, please contact IRELA at: (312) 600-7720.

    Download event flyer.
    • Wednesday, February 13, 2019
    • 8:00 AM - 9:30 AM
    • The Hyatt Lodge, McDonald’s Campus, 2815 Jorie Boulevard, Oak Brook, IL, 60523
    • 31
    Register

    Speaker:  Richard F. Bales
    Topic:  Judgments

    Presentation Overview: "Possible judgments” is a phrase often seen on a title commitment. All real estate attorneys know that a judgment is a lien on the real estate owned by the judgment debtor. However, there is a tremendous amount of other information that attorneys have to know about judgments. Dick Bales will talk about not only the “typical” judgment but also about the dreaded (if not feared) Chicago “Recording of Findings, Decision and Order.” Bales has developed a comprehensive treatise on how attorneys and title company can understand and underwrite the “Recording of Findings, Decision and Order.” Bales has also written an equally comprehensive outline of all the various Illinois liens that affect real estate.

    Speaker Biography:

    Richard F. Bales is employed by Chicago Title Insurance Company as Assistant Regional Counsel and Assistant Vice President. He has worked in the title insurance industry since 1977.  He graduated from Illinois College in Jacksonville in 1973.  He received his juris doctorate degree from Northern Illinois University (NIU) in 1983 and is admitted to practice law in Illinois.

    Bales has been a long-standing member of the Real Estate Committee of the DuPage County Bar Association.  As a member of the Education Committee of the Illinois Land Title Association, he has lectured throughout the state on all aspects of title insurance.  He has also written numerous articles for the Chicago Bar Association, the DuPage County Bar Association, and the Illinois State Bar Association.  These articles include “Land Surveyor Liability to Third Parties in Illinois,” which appeared in the March 2007 issue of the Illinois Bar Journal, the peer-reviewed journal of the Illinois State Bar Association.  Some of his articles have been reprinted in the book, Land Surveys: A Guide for Lawyers and Other Professionals, which was published by the American Bar Association in 2012.  Bales’ book, A Guide to Residential and Commercial Surveys in Illinois, was published by the Illinois Institute for Continuing Legal Education (IICLE) in 2004 and later updated and reissued in 2011. Bales has also written a chapter for an upcoming IICLE book on title insurance.

    Bales has been a member of an American Land Title Association and National Society of Professional Surveyors liaison committee for many years.  As a member of this committee, he has helped draft several versions of the national ALTA/NSPS land title survey standards, including the latest 2016 version.


      Please register in advance.

      MCLE: IRELA members will receive one (1) hour of credit, at no cost. Non-members are welcome to attend, though the cost of credit to non-members is $50 (attorneys not wishing to earn credit are welcome at no charge).

      Join IRELA on our website!
      For more information, please contact IRELA at: (312) 600-7720.

    Past events

    Tuesday, January 15, 2019 Multi-Board 7.0 - Libertyville
    Tuesday, January 15, 2019 Multi-Board 7.0 - Oak Lawn
    Monday, January 14, 2019 Multi-Board 7.0 - McHenry
    Wednesday, January 09, 2019 Annual Meeting | Multi-Board 7.0 - Elk Grove
    Tuesday, December 04, 2018 Holiday Party in Oak Brook on Tues., Dec. 4th
    Wednesday, November 14, 2018 Meeting at DoubleTree in Downers Grove
    Wednesday, October 10, 2018 Meeting at Public Library in Oak Lawn
    Wednesday, September 12, 2018 Meeting at Belvedere Banquets in Elk Grove
    Wednesday, August 08, 2018 Meeting at Maggiano's in Oak Brook
    Wednesday, May 23, 2018 Special Town Hall at Max & Benny's in Northbrook
    Wednesday, May 16, 2018 Special Town Hall at the DuPage County Bar Association in Wheaton
    Wednesday, May 09, 2018 Special Town Hall at the Oak Lawn Public Library
    Wednesday, April 11, 2018 IRELA Meeting
    Wednesday, March 14, 2018 IRELA – Special Meeting with John Lartz of IDFPR on Proposed Title Insurance Agent Compensation
    Thursday, March 08, 2018 IRELA – Lawyers Rock!
    Monday, March 05, 2018 IRELA – IDFPR 2nd Town Hall Meeting on Title Insurance Agent Compensation
    Wednesday, February 14, 2018 IRELA Meeting
    Wednesday, January 10, 2018 IRELA Meeting
    Wednesday, January 03, 2018 IDFPR Town Hall Meeting on Title Insurance Agent Compensation
    Tuesday, December 12, 2017 IRELA Meeting
    Thursday, November 09, 2017 IRELA Co-Sponsored an Event with ATG
    Wednesday, November 08, 2017 IRELA Meeting
    Wednesday, November 08, 2017 IRELA Meeting
    Wednesday, October 18, 2017 IRELA Meeting
    Wednesday, September 13, 2017 IRELA Meeting
    Wednesday, June 14, 2017 IRELA Meeting
    Wednesday, April 12, 2017 IRELA Meeting

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