95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB1659


 
Introduced 2/22/2007, by Rep. Elizabeth Coulson
 
SYNOPSIS AS INTRODUCED:
 		













765 ILCS 77/20









    Amends the Residential Real Property Disclosure Act. Makes a technical change
in a
Section concerning completion and delivery of the seller's disclosure
statement.
















LRB095 08595 AJO 28778 b

















 


 


A BILL FOR









 











HB1659

LRB095 08595 AJO 28778 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 20 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
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 
15
property. 
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(Source: P.A. 88-111.)