Legal

Terms of Service & Legal Notices

Effective Date: 06/01/2026  |  Last Updated: 08/05/2026

Welcome to Ol’Reliable (www.olreliablepm.com), owned and operated by OL RELIABLE PROPERTY MANAGEMENT LLC (“Ol’Reliable,” “Company,” “we,” “us,” or “our”).

By accessing or using this website, viewing our property inventory, or submitting inquiries regarding real estate wholesale opportunities, you (“User,” “Buyer,” “Investor,” or “Visitor”) agree to be bound by these Terms and Conditions (“Terms”). If you do not agree to all of these Terms, do not use this website or our services.

1. General Site Use & Eligibility

Age Requirement: You must be at least 18 years old and capable of entering into legally binding contracts under applicable law to use this website.

Permitted Use: This website is intended solely to provide information regarding real estate wholesaling opportunities, equitable interest assignments, and licensed real estate brokerage services offered by Ol’Reliable.

Prohibited Conduct: You agree not to scrape, reverse engineer, harvest data, transmit malicious code, or attempt unauthorized access to restricted sections of the website or our off-market luxury property databases.

2. Licensed Real Estate Brokerage & Illinois Statutory Disclosures

Illinois Brokerage Status: Ol’Reliable operates as a licensed real estate brokerage entity regulated by the Illinois Department of Financial and Professional Regulation (IDFPR) pursuant to the Illinois Real Estate License Act of 2000 (225 ILCS 454), as amended.

Wholesaling Compliance: In full compliance with Illinois law (including Public Act 101-0357 / RELA amendments), Ol’Reliable conducts real estate wholesaling transactions under its licensed broker status.

Agency Relationships:

  • Unless a separate written brokerage agreement or Agency Disclosure is executed, browsing this website or receiving off-market property alerts does not create a fiduciary, agency, or client relationship between you and Ol’Reliable.
  • Ol’Reliable may represent sellers, buyers, or act as a principal marketing its own contractual/equitable interest.
  • Pursuant to 225 ILCS 454/15-45, licensees at Ol’Reliable are presumed to be designated agents of the consumer they are working with unless a written agreement states otherwise or a Dual Agency disclosure is executed.

3. Nature of Wholesale Transactions & Equitable Interest

Assignment of Contracts: You explicitly acknowledge that in real estate wholesaling transactions, Ol’Reliable may not hold fee simple legal title to the real property advertised. Instead, Ol’Reliable may hold a valid purchase contract or option contract giving it an equitable interest in the property.

Marketing Statement: Any marketing, listing, or communication on this website regarding wholesale properties represents the sale or assignment of Ol’Reliable’s contractual rights/equitable interest in the underlying purchase contract, not a direct conveyance of real estate title, unless explicitly stated as a double-closing or standard listing.

4. Luxury Real Estate Disclosures & Buyer Due Diligence

No Valuation Guarantees: All property details—including estimated After Repair Value (ARV), projected rehabilitation costs, comparative market analyses (CMAs), square footage, zoning, tax assessments, potential rental income, or capitalization rates—are estimates provided solely for informational and marketing purposes.

Independent Investigation: You agree that:

  • You are a sophisticated real estate investor or buyer capable of evaluating the risks and merits of real estate investments.
  • You will conduct your own independent physical inspections, title searches, environmental assessments, and legal due diligence prior to entering into any assignment agreement or purchase contract.
  • You will not rely on Ol’Reliable, its brokers, agents, or affiliates for appraisal, legal, tax, architectural, or engineering advice.

5. Confidentiality & Non-Circumvention (Luxury Deals)

Off-Market Data: Off-market luxury property details, seller contact details, valuation reports, and contract terms shared through this website or private deal alerts constitute confidential and proprietary information of Ol’Reliable.

Non-Circumvention: You agree not to contact property owners, sellers, lenders, or underlying contract parties disclosed by Ol’Reliable directly, nor circumvent Ol’Reliable in any manner to negotiate directly or tortiously interfere with Ol’Reliable’s contractual relationships.

6. Intellectual Property & Trademarks

All logos, branding, graphics, text, photographic assets, and software code on this website—including the name Ol’Reliable—are the exclusive property of Ol’Reliable or its licensors and are protected under U.S. and state copyright and trademark laws. You may not reproduce, distribute, or create derivative works without prior written permission.

7. Disclaimer of Warranties

THIS WEBSITE AND ALL INFORMATION, CONTENT, MATERIALS, PROPERTY DETAILS, AND SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED.

OL’RELIABLE DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, ACCURACY, TIMELINESS, OR NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE WEBSITE WILL OPERATE UNINTERRUPTED OR ERROR-FREE.

8. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL OL’RELIABLE, ITS MANAGING BROKERS, AGENTS, OFFICERS, DIRECTORS, EMPLOYEES, OR AFFILIATES BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, CONSEQUENTIAL, OR EXEMPLARY DAMAGES (INCLUDING LOSS OF PROFITS, DATA, GOODWILL, OR BUSINESS OPPORTUNITIES) ARISING OUT OF OR IN CONNECTION WITH:

  • YOUR USE OF OR INABILITY TO USE THIS WEBSITE.
  • ANY INACCURACIES, ERRORS, OR OMISSIONS IN PROPERTY MARKETING MATERIALS.
  • ANY TRANSACTION ENTERED INTO OR FAILED TRANSACTION ARISING FROM INFORMATION ON THIS SITE.

UNDER NO CIRCUMSTANCES SHALL OL’RELIABLE’S TOTAL LIABILITY EXCEED THE GREATER OF $100 OR THE FEES PAID BY YOU DIRECTLY TO OL’RELIABLE FOR THE SPECIFIC SERVICE AT ISSUE.

9. Indemnification

You agree to defend, indemnify, and hold harmless Ol’Reliable, its managing brokers, officers, employees, and agents from and against any claims, liabilities, damages, judgments, losses, costs, or expenses (including reasonable legal and attorney fees) arising out of or related to:

  • Your violation of these Terms.
  • Your breach of any contract or assignment agreement entered into with Ol’Reliable.
  • Your violation of any third-party rights or applicable laws, including federal/state Fair Housing laws or Illinois real estate laws.

10. Governing Law & Dispute Resolution

Governing Law: These Terms shall be governed by, construed, and enforced strictly in accordance with the internal laws of the State of Illinois, without giving effect to any principles of conflicts of law.

Jurisdiction & Venue: You agree that any legal action, suit, or proceeding arising out of or relating to these Terms or your use of the website shall be brought exclusively in the state courts located in [Cook County / DuPage County / Your County], Illinois, or the United States District Court for the Northern District of Illinois. You irrevocably submit to the personal jurisdiction of such courts.

11. Modifications & Severability

Modifications: We reserve the right to update or modify these Terms at any time without prior notice. Changes take effect immediately upon posting to the website. Continued use of the site following updates constitutes acceptance of the modified Terms.

Severability: If any provision of these Terms is held invalid, illegal, or unenforceable by a court of competent jurisdiction, that provision shall be enforced to the maximum extent permissible, and the remaining provisions shall remain in full force and effect.

12. Contact Information & IDFPR Licensing Details

If you have questions regarding these Terms, property disclosures, or our Illinois broker licensing, please contact us:

  • Company Name: Ol’Reliable
  • Managing Broker / Licensee: ChiLux Dream Team – Minh Huynh
  • IDFPR Brokerage License #: 477.015072
  • Email: olreliablepm@gmail.com
  • Phone: (872) 216-5533
  • Mailing Address: 3602 N Springfield Ave, Chicago, IL 60618