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90_SB0779 65 ILCS 5/11-30-15 new Amends the Illinois Municipal Code to provide that a municipality may require a person or entity transferring real estate to obtain an inspection form and pay a fee to certify the property's compliance with health, safety, and property maintenance codes and zoning regulations. Provides that if the real estate is not in compliance with these municipal regulations, then the seller or purchaser must place the property in compliance with the regulations before closing the transaction or the purchaser must certify that the property will be placed in compliance within a reasonable time after the transaction. Provides that if the property is not placed in compliance with the regulations within this time, then the municipality may seek legal or equitable remedies. LRB9003338PTcw LRB9003338PTcw 1 AN ACT to amend the Illinois Municipal Code by adding 2 Section 11-30-15. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Illinois Municipal Code is amended by 6 adding Section 11-30-15 as follows: 7 (65 ILCS 5/11-30-15 new) 8 Sec. 11-30-15. Real estate inspection upon transfer. 9 (a) Definitions: 10 (1) Transfer. As used in this Section, "transfer" 11 shall mean any conveyance of real property whether by 12 deed, articles of agreement for deed, or assignment of 13 the beneficial interest under a land trust; any 14 transaction in which real property is used as collateral 15 for a loan; and any transaction in which a present 16 beneficiary is added to a land trust. A conveyance of 17 real property in which there is no additional party 18 acquiring an ownership interest or a present beneficial 19 interest in the conveyed real property does not 20 constitute a "transfer" as defined in this Section. 21 (2) Real Property. The term "real property" as 22 used in this Section shall mean all improved real 23 property. 24 (3) Person. As used in this Section, "person" 25 shall mean any individual, partnership, corporation, 26 trustee, or other registered entity. 27 (b) The corporate authorities of a municipality may by 28 ordinance require a person entering into a contract for the 29 sale or purchase of real estate located within its corporate 30 boundaries to obtain an inspection form approved by the 31 municipality with established health, safety, and property -2- LRB9003338PTcw 1 maintenance codes and zoning regulations for the real estate 2 to be transferred. The seller of the real property entering 3 into the contract for transfer of real estate shall obtain 4 from the appropriate municipal office an inspection form for 5 the real estate to be transferred and pay the fees 6 established by the corporate authorities for the inspection. 7 If the real estate to be transferred is found to be in 8 compliance with the municipality's established health, 9 safety, and property maintenance codes and zoning 10 regulations, a certificate shall be issued indicating that 11 the property is in compliance with the health, safety, and 12 property maintenance codes and zoning regulations established 13 by ordinance. This certificate shall be valid for 90 days. 14 If the real estate to be transferred is found not to be 15 in compliance with the municipality's established health, 16 safety, and property maintenance codes and zoning 17 regulations, the seller or purchaser must put the real estate 18 into compliance before the closing date of the real estate 19 transaction. If the seller finds that the repairs cannot be 20 made prior to the closing date, the purchaser must accept 21 responsibility, sworn before a notary public, to make 22 corrective measures within a reasonable time established by 23 the designated municipal official. The corporate authorities 24 may also require that an escrow account be established to 25 ensure that all corrective measures are made to the real 26 property being transferred. 27 If the corrective measures are not made within the 28 designated time frame, the municipality may exercise any and 29 all legal or equitable remedies available. 30 If the designated municipal official finds the real 31 property unfit for human occupancy, the official may order 32 that the property remain unoccupied until the corrective 33 measures are made. After the corrective measures are made, 34 the municipal official may issue the necessary certificate of -3- LRB9003338PTcw 1 compliance.