A Cook County judge has signed off on an order blocking Illinois state regulators from rolling out new disclosure requirements for attorneys and other agents involved in helping property buyers and lenders obtain title insurance. The legal challenge asserts the state overstepped the law, specifically in requiring attorneys to disclose fees earned in title insurance transactions.
Illinois Department of Financial and Professional Regulation
Recent News About Illinois Department of Financial and Professional Regulation View More
IL Bar Assn: State overreach threatens ability of property tax lawyers to work; State: Lawyers can't be appraisers
A Cook County judge could soon weigh in on a legal fight between Illinois’ largest association of lawyers and a state regulatory agency, over the question of whether that state agency has the authority to effectively bar Illinois property tax lawyers from offering estimates of a property’s value when representing property owners before a state or county property tax appeal board.