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Illinois Real Estate Laws

HomeIllinois Real EstateIllinois Real Estate Laws

Real estate laws in any state tend to a constant change by the federal departments and Illinois is not an exception.

Diverse Illinois real estate laws and regulations should be understood by an individual even before buying and selling a property in Illinois.

Real estate law acts:

Some of the real estate laws and the acts include the following:

  • Random disclosure act:

The contract of random testing guidelines should be satisfied by the seller.

  • Hazard reduction act:

This is generally with the environment protection policy, where the uses of lead based paints are reduced.

  • Seller’s disclosure:

It is a consumer protection law and is developed to offer benefits to the buyers.

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