Legal Opinion
Paris v. Feder
Illinois Supreme Court
Decided October 23, 1997No. 82713PublishedCited by 219 opinions
1Opinion of the CourtJustice Bilandic
In this appeal we must determine how the statutory $10,000 limit on recovery from the Real Estate Recovery Fund (225 ILCS 455/23 (West 1992)) operates where multiple parties have been injured as a result of a single transaction.
FACTS
In 1993, the two plaintiffs, John and Barbara Paris, entered into a written agreement to purchase certain real estate located in Skokie, Illinois, from the owner of record. Plaintiffs deposited $20,750 in earnest money with the seller’s licensed real estate broker, Liberty Real Estate, Inc. The purchase agreement terminated without default, but Liberty Real Estate…
2Cases cited11 opinions
- Abrahamson v. Illinois Department of Professional RegulationIllinois Supreme Court · 1992
- Kraft, Inc. v. EdgarIllinois Supreme Court · 1990
- Advincula v. United Blood ServicesIllinois Supreme Court · 1996
- Solich v. George & Anna Portes Cancer Prevention Center of Chicago, Inc.Illinois Supreme Court · 1994
- Lucas v. LakinIllinois Supreme Court · 1997
6 more not listed; retrieve them via the Exa API.
3Cited by219 opinions
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- Land v. Board of Educ. of City of ChicagoIllinois Supreme Court · 2002
- Lulay v. LulayIllinois Supreme Court · 2000
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