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Illinois Statutes Chapter 225. Professions,Occupations and Business Operations § 454/15-30. Duties after termination of brokerage agreement

Current as of January 01, 2022 | Updated by FindLaw Staff

§ 15-30. Duties after termination of brokerage agreement. Except as may be provided in a written agreement between the broker and the client, neither a sponsoring broker nor any licensee affiliated with the sponsoring broker owes any further duties to the client after termination, expiration, or completion of performance of the brokerage agreement, except:

(1) to account for all moneys and property relating to the transaction; and

(2) to keep confidential all confidential information received during the course of the brokerage agreement.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 225. Professions,Occupations and Business Operations § 454/15-30. Duties after termination of brokerage agreement - last updated January 01, 2022 | https://codes.findlaw.com/il/chapter-225-professionsoccupations-and-business-operations/il-st-sect-225-454-15-30/

Read this complete Illinois Statutes Chapter 225. Professions,Occupations and Business Operations § 454/15-30. Duties after termination of brokerage agreement on Westlaw

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