Residential Real Estate
The NEW Multi-Board
Residential Real Estate Contract 6.0 is now available in the
"Members Only" Section of this web site for downloading and use. It
is designed to be a "fill-in-the-blanks" document. You can tab from
field to field and enter your data, and then print out the final
document. It is a thirteen page document with letter-size pages
with a larger, more legible typeface. The cover page of the
contract details important information regarding digital
signatures, the copyright, and the limited license granted to
approved entities to use the form.
SAMPLE Multi-Board Residential
Real Estate Contract 6.0
This PDF bears a "SAMPLE" watermark. While it has the
official text of the contract, it is not a fillable PDF.
Key Highlights Comparison
Summarizes the key changes in the Multi-Board Residential Real
Estate Contract 6.0 prepared by IRELA President Ralph J. Schumann.
Corresponding provisions in the prior 5.0 Version of the Contract
are compared side by side to new provisions. This document is in
Summary and Comparison of the New
Multi-Board Residential Real Estate Contract 6.0
by IRELA Director Joseph R. Fortunato, Jr., highlighting changes
from the previous (5.0) version of the Multi-Board "Common
IRELA President Ralph Schumann was interviewed recently by Cook
County Recorder of Deeds Karen Yarbrough on her "Housing Matters"
program. The program is available at Vimeo. To view the
program, click on the image below.
IRELA President Ralph Schumann spoke recently at a CLE Seminar
on the Multi-Board Residential Real Estate Contract
6.0: An Analysis of Key Changes, for Attorneys' Title
Guaranty Fund, Inc., with Robert Borla. The presentation is
available as an OnDemand program at www.atgf.com.
ATG Members can click on http://www.atgf.com/legal-ed/programs/multi-board-residential-real-estate-contract-60-analysis-key-changes
Special Access for IRELA
Login on the ATG website, www.atgf.com, is required to register to view
this OnDemand program. If you haven't taken an ATG seminar before
or viewed an ATG OnDemand program before, follow these instructions. Don't remember your
login? Request a new password to get
IRELA President Ralph Schumann spoke recently at a Greater
Illinois Title Company CLE Seminar on the New Multi-Board
Residential Real Estate Contract 6.0 at Maggiano's Little Italy in
Oak Brook, Illinois.
IRELA President Ralph Schumann was interviewed recently for a
story that aired on National Public Radio's on Property Flipping: "Flipping Houses in
a Post-Bubble World".
Schumann was quoted in an accompanying article, which can be
accessed here as a PDF document: "Flipping Houses in a Post-Bubble World."
IRELA President Ralph Schumann recently participated in the
recording of a television program for ISBA's "Illinois Law" series
on Landlord-Tenant issues. Pictured above (L to R) are
former IRELA Board Member Samuel Levine, Joel Chupack (Past Chair
of the ISBA Real Estate Law Section Council), Ralph Schumann, and
program moderator Marty Dolan.
Schumann was recently quoted in a Chicago Tribune article by
Leslie Mann entitled "Don't Overlook These Homebuying
IRELA President Ralph Schumann attended a recent CBA Award
Luncheon at the Standard Club in Chicago. Pictured with him
above (left to right) are Bill Anaya,
Partner, Arnstein & Lehr LLP, Shay Jacobson, LifeCare
Innovations, Joel Daly, attorney and former ABC WLS-TV News Anchor,
Martha Kern, LifeCare Innovations, and Mike Rooney, Executive
Director, IICLE. Congratulations to Mike Rooney on his new
Schumann also was recently quoted in an article discussing legal
issues presented with "More Adults Moving Back to Old Neighborhood,
Buying Parent's Home".
Regular IRELA meetings take place at 8:00 a.m. monthly on the
second Wednesday at Belvedere Events and
Banquets facility in Elk Grove Village, IL (847.534.0600) or at
other announced locations.