Hot Topics in Illinois Real Estate Law During the COVID-19 Pandemic and Beyond

The recent pandemic and related economic downturn have caused numerous changes and challenges in real estate law. This course, taught by Illinois real estate attorney Erica Crohn Minchella, will explore how common real estate procedures have adjusted to those changes and important considerations to be mindful of. Topics to be discussed include remote notarization; recording issues; proposed changes in the title industry; blockchain; and changes in the law regarding wholesaling. All of these items will be examined through the lens of the real estate attorney.

Learning Objectives:

1. Review how remote notarization can be handled during the Shelter in Place Order and what we can anticipate going forward
2. Discuss the problems attendant to get documents recorded after closing and what can be anticipated for the future
3. Examine what proposals have been made about changing compensation for attorneys for title orders, and why and what the status is
4. Explore proposals for using blockchain to record real estate transactions
5. Analyze changes to the law regarding wholesaling and identify important considerations for attorneys