Radon disclosure
New law, if Blago signs off:
"House Bill 1425 (Reitz, D-Sparta; Trotter, D-Chicago) creates the Illinois Radon Awareness Act. It requires before the sale of any residential real property that the seller give to the buyer a new statutory form that states the property may present the potential for radon exposure. Exempts seven other kinds of transactions such as under a court order, judicial deed, and from one co-owner to another. Passed both chambers. Effective January 1, 2008."
0 Comments:
Post a Comment
<< Home