225 ILCS 454/15-15
225 ILCS 454/15-25
225 ILCS 454/15-45
Creates the Real Estate Zoning Disclosure Act and amends the Real
Estate License Act of 2000. Requires a property owner to disclose the
zoning classification of property listed for sale with a real estate
broker or salesperson, as well as the zoning classifications of
adjoining parcels. Requires the broker or salesperson to disclose the
zoning classifications to a prospective buyer of the property.
Provides that a broker or salesperson is not liable to a buyer or
prospective buyer for providing false information concerning zoning
classifications if the false information was provided to the broker or
salesperson by the property owner and the broker or salesperson did
not have actual knowledge that the information was false.
FEB-21-2001 S FIRST READING
FEB-21-2001 S REFERRED TO SENATE RULES COMMITTEE RULES
FEB-28-2001 S ASSIGNED TO COMMITTEE LICENSED ACT.
MAR-08-2001 S POSTPONED
MAR-22-2001 S POSTPONED
MAR-29-2001 S POSTPONED
MAR-29-2001 S COMMITTEE LICENSED ACT.
MAR-31-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary