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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB2928
Introduced 2/22/2005, by Rep. Tom Cross SYNOPSIS AS INTRODUCED:
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Amends the Residential Real Property Disclosure Act. Makes a technical
change in a Section concerning violations and damages.
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A BILL FOR
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HB2928 |
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LRB094 05191 LCB 35233 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 Section 55 as follows:
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| (765 ILCS 77/55)
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| Sec. 55. Violations and damages. If the
the seller fails or |
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| refuses to
provide the disclosure document prior to the |
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| conveyance of the residential
real
property, the buyer shall |
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| have the right to terminate the contract. A person
who |
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| knowingly violates or fails to perform any duty prescribed by
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| any provision of this Act or who discloses any information on
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| the Residential Real Property Disclosure Report that he knows |
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| to
be false shall be liable in the amount of actual damages and
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| court costs, and the court may award reasonable attorney fees
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| incurred by the prevailing party. |
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| (Source: P.A. 90-383, eff. 1-1-98.)
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