After delivering the original disclosure report but before closing, a seller becomes aware that the report contained a material error. What does the Illinois Residential Real Property Disclosure Act require the seller to do?
Correct Answer
B) Deliver a written supplement to the disclosure report correcting the material error before the transfer of the property is completed.
The Illinois Residential Real Property Disclosure Act requires the seller to supplement a prior disclosure report when the seller later becomes aware of a material error, inaccuracy, or omission before the conveyance is completed. The supplement must be in writing and delivered to the buyer. The obligation is triggered by the seller's awareness, not by a buyer's request or attorney discretion.
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