225 ILCS 454/15-30

Current through Public Act 103-1052

Section 225 ILCS 454/15-30 - [Section Scheduled to be Repealed 1/1/2030] Duties after termination of brokerage agreement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.

225 ILCS 454/15-30

P.A. 91-245, eff. 12/31/1999.