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90_HB0305 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. Provides that if the real estate is not in compliance with these municipal codes, then the seller or purchaser must repair the property before closing the transaction or the purchaser must certify that the repairs will be made within a reasonable time after the transaction. Provides that if the repairs are not made within this time, then the municipality may seek legal or equitable remedies. LRB9000661PTcw LRB9000661PTcw 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- LRB9000661PTcw 1 maintenance codes for the real estate to be transferred. The 2 seller of the real property entering into the contract for 3 transfer of real estate shall obtain from the appropriate 4 municipal office an inspection form for the real estate to be 5 transferred and pay the fees established by the corporate 6 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, a certificate shall 10 be issued indicating that the property is in compliance with 11 the health, safety, and property maintenance codes 12 established by ordinance. This certificate shall be valid for 13 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, the seller or 17 purchaser must put the real estate into compliance before the 18 closing date of the real estate transaction. If the seller 19 finds that the repairs cannot be made prior to the closing 20 date, the purchaser must accept responsibility, sworn before 21 a notary public, to make corrective measures within a 22 reasonable time established by the designated municipal 23 official. The corporate authorities may also require that an 24 escrow account be established to ensure that all corrective 25 measures are made to the real property being transferred. 26 If the corrective measures are not made within the 27 designated time frame, the municipality may exercise any and 28 all legal or equitable remedies available. 29 If the designated municipal official finds the real 30 property unfit for human occupancy, the official may order 31 that the property remain unoccupied until the corrective 32 measures are made. After the corrective measures are made, 33 the municipal official may issue the necessary certificate of 34 compliance.