There are several sources of law governing how attorneys must name their trust accounts that are used for closing real estate transactions. In addition, ATG has its own recommendation for how to...
The Good Funds law is in place to make sure that the parties to a real estate transaction can rely on the funds that are being used in connection with the transaction. The law outlines what...
The Illinois Good Funds statute in the Title Insurance Act, 215 ILCS 155/26, has been amended again. Public Act 98-1067, which originated as HB 4677 and was effective August 26, 2014, authorizes a...