Contracts
Under the Illinois Residential Real Property Disclosure Act, sellers must disclose known material defects to buyers:
AOnly if the buyer's inspector discovers them first
BPrior to or at the time of signing the contract✓ Correct
COnly at closing
DOnly if asked directly by the buyer
Explanation
The Illinois Residential Real Property Disclosure Act requires sellers to complete and deliver a disclosure report to buyers prior to or at the time of signing the contract. The disclosure must include known material defects affecting the property.
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