Updates to Seller Disclosure Form and Radon Disclosure Law
Becky
27 August 2009
Market News, Tips and Ideas
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On August 12, 2009, Illinois Governor Pat Quinn confirmed changes made to the Seller Disclosure Form and to the Radon Disclosure Law, both effective immediately and requiring the use of revised forms.
The Seller Disclosure Form has been modified to add a question related to methamphetamines. The buyer will now have to check off whether they are or are not aware that the property has been used for the manufacture of methamphetamine. This is a concern for homeowners, as the manufacture of meth creates a buildup of toxicity in the home that could lead to long-term health problems for its inhabitants.
So what does this mean for potential homebuyers? If you’re in the market for a new home, you should be aware of these updates and make sure that the seller has complied with the new law.
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