Paris v. Feder

Docket No. 82713–Agenda 36–May 1997.

JOHN PARIS et al ., Appellants, v. SAMUEL FEDER et al. (The Department of Professional Regulation, Appellee).

Opinion filed October 23, 1997.

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…