NEW LEGISLATION ALERT FOR REAL ESTATE INVESTORS: Wholesale Real Estate By Tom Haught In the last several years, a niche real estate strategy, known as wholesaling, or wholesale real estate, became very popular. Basically, Buyer A signs a contract to purchase a property. But instead of closing on that property, Buyer A sells and assigns

KNOW YOUR CONTRACT: THE MULTI-BOARD RESIDENTIAL REAL ESTATE CONTRACT 7.0 By Tom Haught There’s a new contract in town: the Multi-Board Residential Real Estate Contract 7.0. The 7.0 was approved in 2019 as the new standard contract for purchasing residential real estate in Illinois. The Multi-Board Residential Real Estate Contract 7.0 seeks to correct what

How Do I Avoid Home Closing Delays? By Thomas E.  Haught Home closing delays are really irritating. The contract is signed. The sellers and the buyers have chosen a closing date that works good for them. So why has that closing date come and gone? You ask yourself, why aren’t we closing on time? Unfortunately,

What are the Real Estate Closing Expectations for Buyers and Sellers? By Thomas E. Haught Whether you’re the buyer or seller of a home, the expectations of a real estate closing are easily met with the right attorney by your side. Are you the buyer? Congratulations! You bought a home! If it’s time for your

Four Main Questions for Medical Malpractice Lawsuits in Illinois By Thomas Haught Medical malpractice can happen in an instant, but pursuing medical malpractice lawsuits in Illinois takes much longer, and is much more complicated. If you feel you’ve been the victim of medical malpractice, there are a few things you need to know before you

WHAT ARE THE REQUIREMENTS FOR A MEDICAL MALPRACTICE CLAIM? By Thomas E. Haught When we have to make lifestyle changes due to an illness or injury potentially caused by our healthcare provider, we may wonder if we have the requirements for a medical malpractice claim. Many people know the word “malpractice”, but they don’t really

When to Call a Contract Lawyer By Thomas Haught Contracts make the world go round, and unfortunately, when people don’t honor their contracts, it may be necessary to get a contract lawyer in Schaumburg involved. Although you don’t realize it, we enter into contracts on a daily basis. I don’t necessarily mean contracts with fifty

Why Your Illinois Real Estate Contract Just Got Complicated By Tom Haught Many, many years ago, before my time, residential sales contracts were closed on a handshake.  In more recent times, real estate transactions were closed with minimal documentation (perhaps nothing more than a note, a mortgage and a deed).  Those times are gone. Anyone

If you’ve had an accident, you may have a personal injury claim and need to call a Chicago personal injury lawyer. Society can be rough. We directly and indirectly interact with hundreds (maybe thousands) of people every day of the week. For example, how many people did you drive with on the road today? How

There are various reasons why you might decide to add disclaimers to your e-mails. As attorneys, my office always sees problems through liability colored glasses. If you include…

Business owners have a duty and responsibility to make sure their area of business is always safe for their customers and clients. Under the Premises Liability Act, an owner, or…

When my father was 12 years old, he would drive my grandmother to the grocery store once a week. They lived in rural Southern Illinois, at a time when seeing a youngster…

In a personal injury lawsuit involving an injury or death, damages come in many forms, including medical bills, lost wages, pain and suffering and loss of future earnings….

The answer depends on many factors, however all parties in the chain of distribution may potentially be held liable in the Illinois courts. Depending upon the circumstances surrounding…

Company policy manuals exist to set forth expectations of all employees in the company. Employee contracts spell out the tenure and specific requirements of an individual employee…