Legal Question in Real Estate Law in Illinois

I am buying a foreclosed townhome, am I responsible for the 6 months of past due association fees and legal fees?


Asked on 1/18/12, 8:23 am

2 Answers from Attorneys
Henry Repay Law Offices of Henry Repay

There is a risk. Your attorney should be working with the title insurance company to obtain the assurances you need on this and, possibly, other exception issues. Often, the fees will be paid on the seller side, but your attorney may need to push for the assurance.

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Answered on 1/18/12, 9:12 am
Stephen Messutta

Make sure your contract covers this issue.

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Answered on 1/19/12, 7:30 pm


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