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An Illinois real estate agent listing agreement is a contract that outlines the conditions under which an agent is permitted to sell an owner’s residential or commercial property. The contract will specify the desired sales price along with the commission given to the agent upon the fulfillment of their obligations. In the case of an “exclusive right to…

An Illinois estate planning checklist helps residents plan for end-of-life treatment and the distribution of their property in the event of their death or incapacitation. Without the proper legal instruments in place, it cannot be guaranteed that an individual’s affairs will be managed according to their wishes. By completing the Durable Power of Attorney for Health Care (also…

Or use ContractsCounsel to hire an attorney! An Illinois prenuptial agreement is a contract between two potential spouses that is used to define the division of finances in the case of a divorce. It also spells out the assets and debt that each party has upon entering into the marriage in order to provide complete transparency….

An Illinois property management agreement allows the owner(s) of real estate to grant another individual permission to manage their property. A properly executed agreement ensures that the parties understand and consent to the responsibilities assigned to the manager and the financial terms of the contract. With most management agreements, the property manager will collect a commission…

An Illinois marital settlement agreement is a contract that lays out how a married couple intends to manage their child care responsibilities and divide marital property after a divorce. During the legal proceedings for divorce, or “Dissolution of Marriage,” a judge will review the case and make decisions for the couple concerning property rights, child…

Illinois corporate bylaws are a set of rules adopted by a corporation’s board of directors that define the operational structure of a corporation and dictate the manner in which it manages and regulates its affairs. The document will state the appointments of the original corporate officers, directors, and committees, as well as the form and…

An Illinois advance directive is a document that lets a person choose a medical agent to make health care decisions on their behalf in the event that they become so ill or incapacitated they cannot do so for themselves. The agent is instructed to make decisions in accordance with the person’s health care goals and…

An Illinois land contract documents the binding terms of the purchase and sale of vacant land between two parties. Both the seller and buyer must draft this contract with information regarding the land’s legal descriptors as well as the agreed-upon purchase price. Upon coming to mutual terms, the parties must schedule a closing date in order to…

An Illinois non-solicitation agreement is a contract between an employer and an employee that governs the employee’s actions regarding certain matters after leaving the company. The agreements may prohibit the employee from reaching out to customers, clients, employees, or contractors that they met while on the job. This is intended to protect the company’s business…

An Illinois partnership agreement is a contract among two or more business partners defining the ownership rights, scope of duties and liabilities of each party. To form a limited liability partnership, the parties must file a statement of qualification with the Secretary of State (805 ILCS 206/201). Partnership Types General Partnerships (GP) – §§ 215/401 —…