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You decide to sell your home in Chicago, Illinois without using a Realtor. The home is listed on Zillow for $ 275,000. Within two days

  1. You decide to sell your home in Chicago, Illinois without using a Realtor. The home is listed on Zillow for $ 275,000. Within two days of the listing date you receive an offer for the full asking price and accept it. You wanted to use the local real estate community standard form contract. However, the wife of the couple that submitted the offer is a tax attorney and has agreed to prepare the necessary closing documents without charging any fees to either party. What issues do you need to be consider before agreeing to allow the purchaser's spouse (tax attorney) to prepare the legal documents?
  2. Describe the Riparian Rights and ownership if the body of water is non-navigable.
  3. What tests are considered in determining a trade fixture?
  4. Distinguish between title insurance and property insurance.

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