April 1, 2020Illinois DCEO Says Open Houses are Not Allowed Today, the Illinois Dept of Commerce and Economic Opportunity (DCEO) has added language pertaining to real estate as an essential service to the official DCEO guidance on Essential Businesses and Operations FAQs.

Again, I am making an assumption that there is some language in your lease stating that tenants are responsible for common issues and will maintain the premises to a certain standard.At the end of the day, it all hinges on what your lease says is included and to what level.  

However, the language of the stay at home order mentions essential business as securing the property only and has language mentioning words like "decor" not considered as essential.How would you navigate if you were in a similar situation?

Put language in your offerings specific to COVID. 

There is no reference to where this property is located, so I'll just make a couple general points that may help with the analysis.First, does the lease option agreement indicate that it is binding upon the parties' heirs, successors and assigns (or similar language)?  

I also would like to do it in two languages. 

I have been reading books so far to understand some basics and to force myself to learn the language of real estate.

There should be some language in there stating the terms for extending the loan. 

Through putting appropriate language in your Lease Agreement.

If you don't have standard language to use, which us realtors have from our brokerage, consulting an attorney on that will be worth it since it could save you from making a costly mistake.