Illinois Compiled Statutes 765 ILCS 77/20 – Disclosure report requirements
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Terms Used In Illinois Compiled Statutes 765 ILCS 77/20
- Contract: A legal written agreement that becomes binding when signed.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
A seller of residential real property shall complete all items in the disclosure report described in Section 35. The seller shall deliver to the prospective buyer the written disclosure report required by this Act before the signing of a contract.