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IL SB2597
Bill
Status
7/16/2014
Primary Sponsor
Jennifer Bertino-Tarrant
Click for details
AI Summary
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Amends the Residential Real Property Disclosure Act to require sellers to disclose material defects in windows and doors as part of Item 6 of the disclosure report form.
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Adds "windows, doors" to the list of structural elements that sellers must report awareness of material defects in, alongside walls and floors.
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Requires sellers to provide explanations for any "yes" or "not applicable" responses regarding material defects, including those related to windows and doors.
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Clarifies that disclosures are based on seller's actual knowledge without requiring specific investigation, and that buyers may choose to purchase property "as is" despite disclosed defects.
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Establishes seller liability for continuing obligations to disclose material defects to prospective buyers even after the initial report is delivered.
Legislative Description
PROPERTY-DOOR & WINDOW DEFECTS
Last Action
Public Act . . . . . . . . . 98-0754
7/16/2014