The Illinois Law Group

Every year, hundreds of thousands of Americans hire a construction contractor to either build or renovate their homes. Contractors will always present a contract to the property owners and the property owners should never sign the contract without having it looked over by their real estate attorney. Chicago contractors in particular, with all of the city’s constant downtown construction, know the importance of getting their contract signed.

During construction, the unexpected always happens and it is essential to have all of those ‘what if’ scenarios mapped out ahead of time in order to protect your own rights later on. If you are a property owner who is presented with a contract from the hired contractor, it is imperative to take the contract to an experienced real estate attorney and determine if it is necessary to revise the contract in any way.

There are many clauses that should or should not be included in the contract in order to fully protect the rights of the property owner or home owner. Depending on your situation, your lawyer will help you determine whether or not a clause should be included in the contract, such as:

• Liquidated damages clause
• ‘Time is of the essence’ clause
• Arbitration clauses

If you are preparing to start construction work on a new building or renovations on an existing building, it is essential to consult a real estate attorney. Chicago contractors will be prepared with their contract and you should never sign it until your real estate attorney has a chance to include the necessary clauses to protect your rights.

The Illinois Law Group has over 20 years of real estate law experience and our lawyers will work diligently and thoroughly to ensure that your rights are protected to the fullest extent of the law.

You never know what may happen in the future. Let us help make certain that you are protected against whatever the future may bring.

Count on us and our experience to draw up or improve upon a contract that will protect your rights, hold your contractors to their obligations and doesn’t allow for any loopholes or oversights.