QUESTION
Is it legal to assign a contract on a property in IL?
Asked on Jul 13th, 2012 on Residential Real Estate - Illinois
1 ANSWER
James B. Spina
Contracts can be assigned in Illinois. However, many contracts contain a provision that prohibits assignment. I suggest that you have an attorney read your contract to correctly answer your question.
Answered on Sep 14th, 2012 at 11:04 AM