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The ISBA Lays Out Disclosure Rules for Home Sales

Question: Is there a law requiring home sellers to indicate whether someone died in the home? Answer: Under Illinois law, a seller is not obligated to disclose a death, murder or a violent act which may have occurred in the home. However, if a prospective buyer should ask whether this type of incident occurred, then the seller must respond honestly. The Illinois residential real estate property disclosure form (http://bit.ly/WVTYl1), lists 22 “yes” or “no” disclosure questions. Basically, the seller must indicate his or her awareness of any material defects, which could have a substantial adverse effect on the value of the property and which would significantly impair the health or safety of the future occupants.     For more information about Illinois law, visit www.illinoislawyerfinder.com. If you have a legal question, send it to illinoislawcolumn@isba.org. Illinois Law Now is a series of newspaper and internet posts prepared by the Illinois State Bar Association that address legal issues of interest to the public. For additional information about the law, visit http://www.illinoislawyerfinder.com/legal-faqs

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