Real Estate Transactions Attorney in Chicago, Illinois

What advice do you have for clients regarding Section 15 sales and deconversions?

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so typically there’s three there’s three

parties to represent on a section 15

transaction one could be a unit owner

one could be the buyer of the actual

property and the third is the

condominium board or the hoa so all of

those three separate buckets need their

own representation and we have

represented all three

typically

we are representing the buyer of the

property and we have represented

numerous buyers that have done

pretty large section 15d conversions in

the city of chicago but we’ve also

represented

unit owners that have reached out and

contacted

us i i did a a little bit of a blog on

section 15 and my individual blog and i

think some people may be surfing the

internet picked up my name there and

called me

um and generally i just give them advice

over the phone uh on what they should or

shouldn’t do and tell them that

hiring a lawyer is probably

not the best use of their resources

Chicago, IL business attorney Glenn L. Udell shares his advice for clients regarding Section 15 sales and deconversions.

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