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IL HB4677

Bill

Status

Failed

1/11/2011

Primary Sponsor

Bill Mitchell

Click for details

Origin

House of Representatives

96th General Assembly

AI Summary

  • Amends the Residential Real Property Disclosure Act to add a new disclosure requirement to the residential real property disclosure report form.

  • Requires sellers to disclose whether they are aware of a petition, agreement, or similar document relating to the annexation of the property.

  • Adds this annexation disclosure as item 24 to the existing disclosure form, with yes/no/not applicable options.

  • 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