Legal Question in Real Estate Law in Illinois

Do we need homestead waiver if the property is being purchased?


Asked on 11/02/09, 1:50 pm

1 Answer from Attorneys
John Lee John D. Lee and Associates, LLC

If you are the Buyers, and the Sellers are married, then yes, you will need a homestead waiver, even if only one of the Sellers is signing the deed, in order to transfer any marital interest that may exist in the property. Do you need an attorney?

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Answered on 11/07/09, 8:52 pm


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