Duties after termination of brokerage agreement

225 ILCS 454/15-30, under Agency Relationships.

225 ILCS 454/15-30

(225 ILCS 454/15-30)

    (Section scheduled to be repealed on January 1, 2030)

    Sec. 15-30. 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. (Source: P.A. 91-245, eff. 12-31-99.)