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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB4671
Introduced , by Rep. Luis Arroyo SYNOPSIS AS INTRODUCED: |
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765 ILCS 77/20 |
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765 ILCS 77/35 |
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Amends the Real Estate Disclosure Act. Provides that the seller of residential property shall have the sewer line from the property to the sewer main, or in the case of a septic system to the septic tank, inspected by a licensed plumber using video camera inspection technology and shall attach a copy of the licensed plumber's written dated inspection report to the disclosure report. Provides that the seller's disclosure statement is based on the actual knowledge of the seller without any specific investigation, except for the licensed plumber sewer line inspection (instead of without any specific investigation).
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A BILL FOR
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HB4671 |
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LRB095 15729 AJO 41736 b |
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| AN ACT concerning civil law.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Residential Real Property Disclosure Act is |
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| amended by changing Sections 20 and 35 as follows:
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| (765 ILCS 77/20)
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| Sec. 20. A seller of residential real property shall
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| complete all applicable items in the disclosure document |
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| described in Section
35
of this Act. The seller shall deliver |
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| to the prospective buyer the written
disclosure statement |
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| required by this Act before the signing of a written
agreement |
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| by the seller and prospective buyer that would, subject to the
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| satisfaction of any negotiated contingencies, require the |
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| prospective buyer to
accept a transfer of the residential real |
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| property. The seller shall have the sewer line from the |
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| residential property to the sewer main, or in the case of a |
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| septic system to the septic tank, inspected by a licensed |
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| plumber using video camera inspection technology and shall |
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| disclose the results of the inspection in the disclosure report |
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| form.
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| (Source: P.A. 88-111.)
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| (765 ILCS 77/35)
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HB4671 |
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LRB095 15729 AJO 41736 b |
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| Sec. 35. Disclosure report form. The disclosures required |
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| of a seller
by this Act shall be made in the following form:
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| RESIDENTIAL REAL PROPERTY DISCLOSURE REPORT
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| NOTICE: THE PURPOSE OF THIS REPORT IS TO PROVIDE |
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| PROSPECTIVE BUYERS WITH
INFORMATION ABOUT MATERIAL DEFECTS IN |
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| THE RESIDENTIAL REAL PROPERTY. THIS
REPORT DOES NOT LIMIT THE |
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| PARTIES' RIGHT TO CONTRACT FOR THE SALE OF
RESIDENTIAL
REAL |
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| PROPERTY IN "AS IS" CONDITION. UNDER COMMON LAW, SELLERS WHO |
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| DISCLOSE
MATERIAL DEFECTS MAY BE UNDER A CONTINUING OBLIGATION |
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| TO ADVISE THE PROSPECTIVE
BUYERS ABOUT THE CONDITION OF THE |
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| RESIDENTIAL REAL PROPERTY EVEN AFTER THE
REPORT IS DELIVERED TO |
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| THE PROSPECTIVE BUYER. COMPLETION OF THIS REPORT BY
THE
SELLER |
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| CREATES LEGAL OBLIGATIONS ON THE SELLER; THEREFORE THE
SELLER |
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| MAY WISH TO CONSULT
AN ATTORNEY PRIOR TO COMPLETION OF THIS |
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| REPORT.
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| Property Address: ...........................................
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| City, State & Zip Code: .....................................
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| Seller's Name: ..............................................
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| This Report is a disclosure of certain conditions of the |
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| residential real
property listed above in compliance with the |
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| Residential Real Property
Disclosure Act. This information is |
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| provided as of ...(month) ...(day)
...(year), and does not |
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| reflect any changes made or occurring after that date
or |
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| information that becomes known to the seller after that date. |
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| The
disclosures herein shall not be deemed warranties of any |
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| kind by the seller or
any person representing any party in this |
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HB4671 |
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LRB095 15729 AJO 41736 b |
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| transaction.
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| In this form, "am aware" means to have actual notice or
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| actual knowledge without any specific investigation or |
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| inquiry.
In this form, "material defect" means a condition that |
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| would
have a substantial adverse effect on the value of the |
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| residential
real property or that would significantly impair |
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| the health or
safety of future occupants of the residential |
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| real property
unless the seller reasonably believes that the |
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| condition has
been corrected.
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| The seller discloses the following information with the
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| knowledge that even though the statements herein are not deemed
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| to be warranties, prospective buyers may choose to rely on
this |
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| information in deciding whether or not and on what terms
to |
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| purchase the residential real property.
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| The seller represents that to the best of his or her actual
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| knowledge, the following statements have been accurately noted
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| as "yes" (correct), "no" (incorrect), or "not applicable" to |
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| the
property being sold. If the seller indicates that the |
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| response
to any statement, except number 1, is yes or not |
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| applicable, the
seller shall provide an explanation, in the |
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| additional information
area of this form.
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YES |
NO |
N/A |
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Seller has occupied the property |
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within the last 12 months. |
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I am aware of flooding or recurring |
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HB4671 |
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LRB095 15729 AJO 41736 b |
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insects. |
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2 | | 19. |
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I am aware of a structural defect |
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caused by previous infestations |
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of termites or other wood boring |
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insects. |
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6 | | 20. |
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I am aware of underground fuel |
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storage tanks on the property. |
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I am aware of boundary or lot line |
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disputes. |
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I have received notice of violation |
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of local, state or federal laws |
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or regulations relating to this |
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property, which violation has not |
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been corrected. |
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15 | | 23 | ..... | ..... | ..... | I am aware that the sewer line |
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16 | | | | | | from the premises to the sewer main, |
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17 | | | | | | or in the case of a septic system |
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18 | | | | | | to the septic tank, was inspected by |
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19 | | | | | | a licensed plumber using video camera |
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20 | | | | | | inspection technology and a copy |
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21 | | | | | | of the written dated report from |
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22 | | | | | | that inspection is attached to |
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23 | | | | | | this form. |
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| Note: These disclosures are not intended to cover the |
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| common
elements of a condominium, but only the actual |
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| residential real
property including limited common elements |
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HB4671 |
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LRB095 15729 AJO 41736 b |
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| allocated to the
exclusive use thereof that form an integral |
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| part of the
condominium unit.
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| Note: These disclosures are intended to reflect the current |
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| condition of
the premises and do not include previous problems, |
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| if any, that the seller
reasonably believes have been |
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| corrected.
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| If any of the above are marked "not applicable" or "yes", |
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| please explain here
or use additional pages, if necessary:
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| .............................................................
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| .............................................................
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| .............................................................
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| Check here if additional pages used: .....
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| Seller certifies that seller has prepared this statement |
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| and
certifies that the information provided is based on the |
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| actual
notice or actual knowledge of the seller without any |
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| specific
investigation or inquiry on the part of the seller , |
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| except for the licensed plumber sewer line inspection . The |
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| seller
hereby authorizes any person representing any principal |
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| in this
transaction to provide a copy of this report, and to |
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| disclose
any information in the report, to any person in |
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| connection
with any actual or anticipated sale of the property.
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| Seller: ............................... Date: ...............
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| Seller: ............................... Date: ...............
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| THE PROSPECTIVE BUYER IS AWARE THAT THE PARTIES MAY CHOOSE
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| TO NEGOTIATE AN AGREEMENT FOR THE SALE OF THE PROPERTY SUBJECT |
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| TO
ANY OR ALL MATERIAL DEFECTS DISCLOSED IN THIS REPORT ("AS |
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HB4671 |
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LRB095 15729 AJO 41736 b |
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| IS").
THIS DISCLOSURE IS NOT A SUBSTITUTE FOR ANY INSPECTIONS |
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| OR WARRANTIES
THAT THE PROSPECTIVE BUYER OR SELLER MAY WISH TO |
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| OBTAIN
OR NEGOTIATE. THE FACT THAT THE SELLER IS NOT AWARE OF A |
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| PARTICULAR
CONDITION OR PROBLEM IS NO GUARANTEE THAT IT DOES |
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| NOT EXIST.
THE PROSPECTIVE BUYER IS AWARE THAT HE MAY REQUEST |
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| AN INSPECTION OF
THE PREMISES PERFORMED BY A QUALIFIED |
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| PROFESSIONAL.
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| Prospective Buyer: .................. Date: ...... Time: ....
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| Prospective Buyer: .................. Date: ...... Time: ....
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| (Source: P.A. 90-383, eff. 1-1-98; 91-357, eff. 7-29-99 .)
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