(Section scheduled to be repealed on January 1, 2030)
91 words·~1 min read·
/il/chapter-225/act-454/1-19A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(Section scheduled to be repealed on January 1, 2030)
Sec. 15-30. Duties after termination of brokerage agreement. Except as may be provided in a written agreement between the broker and the client, neither a sponsoring broker nor any licensee affiliated with the sponsoring broker owes any further duties to the client after termination, expiration, or completion of performance of the brokerage agreement, except:
(1)to account for all moneys and property relating to the transaction; and
(2)to keep confidential all confidential information received during the course of the
brokerage agreement.