Buying a house or new business in Illinois is typically an exciting experience. From start to finish, bringing real estate transactions to fruition can take months. When problems arise, buyers and sellers may suffer substantial delays. One thing everyone typically hopes for, but don't always get, is a smooth closing.
Closing disputes are not uncommon in the real estate world. There are several practical ideas to keep in mind to keep stress levels at a minimum and resolve disagreements as quickly and satisfactorily as possible without damaging the bottom line. It's often helpful to have an experienced commercial real estate attorney on hand to negotiate closing terms and settle disputes as they arise.