Earnest Money: When You Get It Back, and When You Lose It
How earnest money works in an Illinois home purchase: the contingencies (attorney review, inspection, financing, appraisal) that return your deposit, and the defaults that forfeit it.
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How earnest money works in an Illinois home purchase: the contingencies (attorney review, inspection, financing, appraisal) that return your deposit, and the defaults that forfeit it.
Cannabis site diligence should identify zoning, distance, local-approval, owner-consent, facility, and regulator requirements before the operator makes a major nonrefundable commitment. A state license and a signed lease do not make a parcel legally usable.
Test the exact parcel against state siting rules, local zoning, buffer distances, permit sequencing, contract contingencies, and operating conditions before committing capital.
Test a cannabis site before committing capital: Illinois local zoning authority, craft grower siting limits, Missouri’s 1,000-foot rule and voter bans, permit sequencing, and lease contingencies.
The association documents a Chicago condominium buyer should obtain under 765 ILCS 605/22.1, what to look for in the budget, reserves, minutes, insurance, and litigation, and when each one matters in the transaction.