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IL HB4677
Bill
Status
Failed
1/11/2011
Primary Sponsor
Bill Mitchell
Click for details
AI Summary
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Amends the Residential Real Property Disclosure Act to add a new disclosure requirement to the residential real property disclosure report form.
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Requires sellers to disclose whether they are aware of a petition, agreement, or similar document relating to the annexation of the property.
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Adds this annexation disclosure as item 24 to the existing disclosure form, with yes/no/not applicable options.
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Sellers must provide an explanation if they indicate "yes" or "not applicable" to the annexation disclosure question in the additional information section of the form.
Legislative Description
REAL ESTATE DISCLOSURE-ANNEX
Last Action
Session Sine Die
1/11/2011
Committee Referrals
Rules3/15/2010
Judiciary I - Civil Law2/16/2010
Rules10/29/2009
Full Bill Text
No bill text available