Contracts
The Illinois Residential Real Property Disclosure Act requires disclosure of known defects related to all of the following EXCEPT:
AFoundation or structural problems
BRoofing defects
CThe seller's asking price negotiating strategy✓ Correct
DEnvironmental hazards such as radon, asbestos, or lead
Explanation
The Illinois Residential Real Property Disclosure Act requires disclosure of known material defects related to the physical condition of the property, including foundation problems, roof defects, environmental hazards, plumbing and electrical issues, and more. It does not require disclosure of the seller's negotiating strategy.
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