Disclosure

Summary: Under Indiana Disclosure Statutes (Ind. Code § 32-21-5), sellers are liable for fraudulent misrepresentations made on disclosure forms when they have actual knowledge...

Editor's Note: This is a reprint of an article from the June/July 1996 ATG concept.

The new lead paint regulations pose many questions, but provide few clear...

 

Lead Paint Compliance

In January of 1998, as...

 

MOLD DISCLOSURE


Fungus: it can be...

378 Ill App 3d 1103, 882 NE2d 715, 317 Ill Dec 835 (5th D 2008)

Facts: The Muirs entered in to a contract to purchase real estate from Merano on September 1, 2005. The...

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Residential Real Property Disclosure Act

Effective date: January 1, 2015

 

Statutes Amended – 765 ILCS 77/35

 

The Act amends the Residential...

Effective Date: July 1, 2008

Summary of Amendment

The act created a new section of code numbered 6-1.1-22-9.7. This new section creates automatic deduction and...

Effective Date: July 1, 2008

Summary of Amendments

This act aims through its amendments to streamline the sales disclosure process for real estate transactions,...

 

RESPONSIBILITIES TO THE BUYER: WHAT BROKERS AND SELLERS MUST...

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