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IL HB3897

Bill

Official Source

Status

Failed

1/7/2025

Primary Sponsor

Lance Yednock

Click for details

Origin

House of Representatives

103rd General Assembly

AI Summary

  • Amends the Conveyances Act by adding Section 39a to the Illinois Real Estate law (765 ILCS 5)
  • Requires the Department of Financial and Professional Regulation to develop a standardized residential real estate contract
  • Department must collaborate with the Illinois Real Estate Lawyers Association and other interested parties in developing the standardized contract

Legislative Description

RESIDENTIAL REAL EST CONTRACT

Last Action

Session Sine Die

1/7/2025

Committee Referrals

Rules3/10/2023
Commercial & Property Subcommittee3/8/2023
Judiciary - Civil2/28/2023
Rules2/17/2023

Full Bill Text

No bill text available