Environmental
Mold in a property is primarily a concern because:
AIt causes property taxes to increase
BIt can cause health issues and requires expensive remediation✓ Correct
CIt is automatically a code violation requiring immediate demolition
DIt only affects properties in flood zones
Explanation
Mold can cause health problems ranging from respiratory issues to serious allergic reactions. Remediation can be costly. Real estate professionals and sellers in Illinois should disclose known mold issues, as mold is considered a material defect affecting a property's value and habitability.
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