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ILLINOIS REAL ESTATE
     ACRONYMS
    MARKI LEMONS-RYHAL
TERMINATION OF AGENCY

      BADD MICE
  B            Bankruptcy
  A          Abandonment
  D            Destruction
  D               Death
  M         Mutual Agreement
  I            Incapacity
  C            Completion
  E             Expiration
FIDUCIARY RESPONSIBILITIES

        OLD CAR
    O            Obedience

    L              Loyalty

    D             Disclosure

    C           Confidentiality

    A           Accountability

    R          Reasonable Care
UNLICENSED ASSISTANT



        SEA
 S             Secretarial

 E               Errands

 A            Administrative
5 ANTI-TRUST LAWS

    TAR GAP
T          Tie In Agreement

A            Allocation of
              Customers
R          Restrain of Trade

G         Group Boycotting

A        Allocation of markets

P             Price Fixing
GOVERNMENT POWERS



      PETE
 P            Police Powers

 E           Eminent Domain

 T              Taxation

 E              Escheat
FIXTURES



I               Intention

A              Annexation

A              Adaption

A              Agreement
REAL PROPERTY
ECONOMIC CHARACTERISTICS



   P          Performance of
                Investment
   I          Improvements

   S              Scarcity

   A         Area of Preference
REAL PROPERTY
PHYSICAL CHARACTERISTICS



       Invest In Us
   I              Immobility

   I            Indestructibility

   U              Uniqueness
REAL PROPERTY
BUNDLE OF LEGAL RIGHTS


 D            Disposition
  E           Enjoyment
  E            Exclusion
  P           Possession
 C             Control
VALID LEASE

      CLOAC
C          Capacity to
            Contract
L        Legal Objectives
O              Offer
A          Acceptance
C         Consideration
MARKI LEMONS-RYHAL

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