Claims For Failing To Disclose Information About A Property When Selling
In this video, we will discuss the Illinois #ResidentialRealEstate Property Disclosure Act and how to avoid a claim for failing to properly disclose information about your property when selling. We will answer the following questions: what is the Illinois Residential Real Estate Property #DisclosureAct?, what must be listed in the #DisclosureStatement when selling a property in Illinois?, what happens if the seller is not aware of an existing defect?, and what happens if the seller makes an error when filling out the Disclosure Statement?
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