Annual Meeting | Multi-Board 7.0 - Elk Grove

  • Wednesday, January 09, 2019
  • 8:00 AM - 9:15 AM
  • Belvedere Banquets (1170 W. Devon Ave., Elk Grove Village)
  • 154

Registration

  • Non-members NOT requesting MCLE credit
  • Non-members requesting MCLE credit

Registration is closed

2019 Annual Meeting & Unveiling of the New Multi-Board 7.0 Contract

Speakers:
Paul B. Garver, Hawbecker & Garver, LLC
Ralph J. Schumann, Law Office of Ralph J. Schumann


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.

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