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DocuSign Envelope ID: 2630059AAE464E6AAA2594526BA85DA3IllinoisREALTORS RESIDENTIALREALPROPERTYDISCLOSUREREPORT (765ILCS77/35) NOTICE: THE PURPOSE OF THIS REPORT IS TO PROVIDE PROSPECTIVE BUYERS WITH
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To fill out the Illinois Realtors Residential Real form, follow these steps:
02
Start by entering the date when the form is being filled out.
03
Fill in the names of all the parties involved in the transaction, including the buyer(s) and seller(s).
04
Provide the legal description of the property, including the address.
05
Specify the purchase price and the financing terms, if applicable.
06
Include any contingencies or special conditions that should be considered in the transaction.
07
Indicate any items that are included or excluded from the sale, such as appliances or fixtures.
08
If there are any liens or encumbrances on the property, disclose them in the appropriate section.
09
Clarify the responsibilities of each party regarding inspection, repairs, and closing costs.
10
Have all parties sign and date the form to acknowledge their agreement.
11
Make copies of the completed form for all parties involved and keep the original for your records.

Who needs illinois realtors residential real?

01
The Illinois Realtors Residential Real form is needed by individuals or entities involved in a residential real estate transaction in Illinois.
02
This includes both buyers and sellers, as well as their respective real estate agents or brokers.
03
The form serves as a legally binding agreement outlining the terms and conditions of the transaction, ensuring clarity and protection for all parties involved.
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Illinois Realtors Residential Real is a form used by real estate professionals in Illinois to report residential real estate transactions.
Real estate professionals in Illinois who are involved in residential real estate transactions are required to file Illinois Realtors Residential Real.
Illinois Realtors Residential Real can be filled out online or in paper form. The form must be completed with accurate information about the residential real estate transaction.
The purpose of Illinois Realtors Residential Real is to provide a record of residential real estate transactions for regulatory and informational purposes.
Information such as the property address, sale price, buyer and seller information, and real estate agent involved must be reported on Illinois Realtors Residential Real.
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