ContractsGeneralEASY
The Illinois Real Property Disclosure Act requires sellers to:
Correct Answer
B) Complete a disclosure form about known material defects
The Illinois Residential Real Property Disclosure Act requires sellers of residential property to complete a disclosure form reporting known material defects.
Answer Options
A
Provide a home warrantyB
Complete a disclosure form about known material defectsC
Have the property inspectedD
Pay for all repairsVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
seller-disclosure-obligationsproperty-inspection-requirementsmaterial-defect-definition
Key Terms:
Illinois Residential Real Property Disclosure Act765 ILCS 77material defectsseller disclosureknown defects
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