Kelly A. Anderson

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KELLY A. ANDERSON

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PRACTICE AREAS

The law, legal terminology, and legal process can be confusing and overwhelming. This is true even for lawyers who find themselves involved in something outside their own practice area. I understand this well and always take the time to educate my clients on their transaction to make sure they understand the process, are comfortable with it, and have the information they need to make important decisions. Having spent the first several years of my career practicing commercial litigation, I am all too familiar with how a simple agreement can go horribly awry, and I now use that knowledge to protect my real estate clients early in the process so that the transaction goes as smoothly as possible. Real estate transactions are often the largest and most exciting transactions a person will ever be involved in – and the gravity of that is not lost on me. I pride myself on being available for my clients and all their questions – which are never too small or silly.

Education

 

  • J.D., Loyola University Chicago School of Law
  • B.A., University of Illinois, Champaign

 

Bar Certifications

  • Admitted to the Bar of the Illinois Supreme Court
  • Admitted to the U.S. District Court, Northern District of Illinois

    Bar Association Memberships

    • Illinois State Bar Association
    • Illinois Real Estate Lawyers Association
    • Northwest Suburban Bar Association

      Media

      Ms. Anderson is a regular contributor to our podcast series “Chicago’s Legal Latte” which can be found on BlogTalk Radio http://www.blogtalkradio.com/lavellelaw

      Community Involvement

      Ms. Anderson is a member of the Cary, IL Chamber of Commerce and Schaumburg Business Association and volunteers for the Lavelle Law Charities Food Drive. She also volunteers for the Cary Grove High School speech team, judging at local speech tournaments.

      Read My Posts

      Lavelle Law News and Events

      Tenant Opportunity to Purchase Block (606) District Pilot Program
      By Kelly A. Anderson and James Berg November 6, 2024
      A new Chicago ordinance has introduced a pilot program for landlords within certain districts of the city, expanding the current pilot program already in place Woodlawn. If successful, this program may eventually be expanded further. For now, however, the Tenant Opportunity to Purchase Block (606) District Pilot Program (Chapter 5-11) is designed to provide tenants in Block 606 the right to be notified when their rental property is up for sale and, in many cases, to give them a Right of First Refusal (ROFR) to purchase the property.
      Momentous changes in real estate with new rules taking effect on August 17, 2024.
      By Kelly A. Anderson August 15, 2024
      Starting this Saturday, August 17, 2024, new rules go into effect for the National Association of Realtors (“NARS”) that change the way realtors will be paid their commission when representing people buying and selling homes. These new rules came about as part of a $418 million settlement by NARS in March, and effectively eliminate the existing informal payment structures that have historically been used by realtors. Until now, sellers of homes typically would sign listing agreements agreeing to pay anywhere from 4-6% of the purchase price in commission, which commission amount would then be split between their agent and the buyer’s agent. So, Buyers did not have to pay anything to their realtor for their assistance. The new rules could change that.
      Historic changes in home buying and commission structure and what it means for buyers.
      By Kelly A. Anderson May 31, 2024
      New legislation is changing how realtor commission is paid in a home sale and laws have been introduced in several states in response to various lawsuits regarding transparency in real estate broker commissions. Lavelle Law Shareholder Kelly Anderson and Realtor Cathy Betourne discuss the implications for buyers, sellers, realtors, and the closing process.
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