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Illinois Residential Real Property Disclosure PDF  Form

Illinois Residential Real Property Disclosure PDF Form

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Instructions and help about illinois real property disclosure form 2022

 Generally, a property disclosure agreement requires every seller a residential real property to disclose the conditions of the property, such as damages, material defects, or information required By law, a property disclosure statement is to be delivered to the buyer or buyer's agent before the signing of a binding contract of sale. Although state law may vary this requirement, a property disclosure agreement is usually attached to the real estate purchase contract. The buyer should also carefully inspect the property and surrounding area for any offsite conditions that may materially affect the property. Generally, a property disclosure statement does not substitute or limits the buyer's responsibility to inspect the property or hire a qualified expert to inspect the property for you.

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