Last fall, the City of Calumet City, in Illinois refused to issue transfer stamps for a sale of residential property as a result of the point of sale inspections. This action interferred with the buyer purchasing the home, and the seller's attempt to close. A lawsuit was entered in August, 2006 by the RWSSC, our local Illinois South Suburban Board of REALTORS® on behalf of this regard.
In this past week, the courts granted favor to the seller and broker finding the closing was interfered with. Damages can be awarded as a result of the harm caused.
This victory for the seller and buyer shows power in demonstration... another advantage for choosing a licensed REALTOR®