(765 ILCS 205/5)
(from Ch. 109, par. 5)
Whoever sells or leases for any time
years, any lot or block in or outside of any town, city or village before
all the requirements of this Act have been complied with, shall be guilty
of a petty offense and fined $25 for each lot or block or part thereof so
disposed of or leased.
Nothing in this Section shall prohibit an offer of sale or acceptance of
deposit by a seller before compliance with the requirements of this Act,
provided that compliance occurs before conveyance of any deed to the property.
(Source: P.A. 90-308, eff. 8-1-97.)