Bill > HB2559

This bill amends the Residential Real Property Disclosure Act to require sellers to disclose the age of the roof when selling a residential property. Specifically, the bill adds a new line item (number 25) to the existing disclosure report form, which asks sellers to indicate how many years old the roof of the property is. This change means that when a seller prepares a Residential Real Property Disclosure Report, they must now provide information about the roof's age, similar to how they currently disclose other potential material defects or issues with the property. The purpose of this requirement is to give prospective buyers more transparent information about the condition of the property, helping them make more informed decisions about a potential purchase. The disclosure is meant to reflect the current condition of the property and does not necessarily imply that an older roof is a problem, but rather provides buyers with additional context about the property's infrastructure.

Justice

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2559&GAID=18&DocTypeID=HB&SessionID=114&GA=104