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ILLINOIS RESIDENTIAL REAL PROPERTY DISCLOSURE REPORT Notice: The purpose of this report is to provide prospective buyer with information about material defects in the residential real property. This
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01
Obtain the necessary forms from the Illinois Department of Financial and Professional Regulation or a licensed real estate attorney.
02
Read and understand the instructions provided with the forms.
03
Fill in your personal information, such as your name, address, and contact details.
04
Provide details about the property you are selling or leasing, including its location, size, and any existing structures or amenities.
05
Disclose any known defects or issues with the property that may affect its value or desirability.
06
Include information about any liens or encumbrances on the property.
07
Sign and date the completed form.
08
Submit the filled-out form to the appropriate authorities, such as the county recorder's office or a designated government agency.
09
Pay any applicable fees or charges associated with the submission of the form.
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Retain a copy of the completed form for your records.

Who needs illinois residential real property?

01
Property owners in Illinois who are selling or leasing their residential real estate.
02
Real estate agents or brokers assisting clients in buying or selling residential properties in Illinois.
03
Attorneys representing clients involved in residential real estate transactions in Illinois.
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Illinois residential real property refers to any property that is used as a dwelling place, including single-family homes, condominiums, and multi-family buildings.
In Illinois, property owners who own residential real property are required to file an assessment form with the county assessor's office.
To fill out the Illinois residential real property assessment form, property owners must provide information about the property's location, size, and use.
The purpose of the Illinois residential real property assessment is to determine the property's value for taxation purposes.
Property owners must report details about the property's ownership, use, and any improvements made to the property.
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