Radon Disclosure
Illinois law requires radon
disclosure. What do you need to know?
When a buyer and seller sign a contract on
residential real estate property in Illinois, the
Illinois Radon Awareness Act will apply to the
sales transaction. According to the law, the
seller must supply the buyer with two documents
before the buyer will become bound on a contract to
purchase the property. The first is a pamphlet from
the Illinois Emergency Management Agency (IEMA)
entitled
“Radon Testing Guidelines for Real Estate
Transactions.” The second is a form to sign
called
“Disclosure of Information on Radon Hazards.”
WHAT IS RADON?
According to IEMA, radon is a colorless, odorless,
radioactive gas that comes from naturally occurring
uranium in the soil and is the leading cause of lung
cancer among non-smokers.
REALTORS® are working to educate consumers about
the radon law which affects certain residential
real estate sales transactions entered on or after
January 1, 2008. The law aims to boost radon
awareness and does not require a radon test.
Although the law does not require sellers to
test for radon in the home or to reduce the
concentration if elevated levels are found, the
seller and buyer are free to negotiate whether
further testing or remediation are necessary. In
most cases, a seller will simply provide the two
documents to the buyer before the contract takes
effect.
ARE THERE ANY EXEMPTIONS?
The law only applies to residential properties with
“not less than one nor more than four residential
dwelling units.” There are some exemptions including
residential real estate property transfers that
result from the following:
- a court order
- transfer to a mortgagor to a mortgagee after
foreclosure
- to a fiduciary through an estate,
guardianship, conservatorship or trust
- a transfer between co-owners
- a transfer from an estate according to
provisions in a will, or to statue where there
is no will
- transfer to a spouse or other blood relation
- a relocation company who has taken the
title, where the original seller has provided
the required disclosures
- to or from a governmental body
- transfers involving any unit including
condominiums or cooperatives located on the
third story or higher above ground level.
WHERE DO I GO FOR HELP?
Your REALTOR® can provide you with the required
disclosure form and information about where to find
the radon pamphlet from the Illinois Emergency
Management Agency. To learn more, visit
www.radon.illinois.gov or read more
tips for preparing your home for sale.
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