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How to fill out the Mold Disclosure Form - The Law Offices Of... online
The Mold Disclosure Form is a critical document that helps ensure transparency between sellers and prospective buyers regarding potential mold issues in residential properties. This guide offers clear, step-by-step instructions on how to complete this form accurately and effectively.
Follow the steps to complete your Mold Disclosure Form.
- Press the ‘Get Form’ button to obtain the form and open it in a convenient editing tool.
- In the section requesting the printed names of the seller(s) and buyer(s), clearly fill in the full names of all parties involved. This information identifies who is making the disclosure and who is receiving it.
- Provide the property address accurately in the designated field. This ensures that the disclosure is tied specifically to the correct location.
- In the Seller Disclosure section, answer question 1a regarding whether the property has previously been tested for molds. Mark 'has' or 'has not' as appropriate. If you answer 'has not,' skip to section #2.
- If the answer to question 1a is 'has,' complete sections b and c. Indicate whether any molds found were identified as toxic or harmful and specify if measures were taken to remove those molds.
- Read the MOLD INSPECTIONS section carefully. Acknowledge that molds may exist that the seller may not be aware of and suggest that buyers consider obtaining a specialized mold inspection.
- Finally, both the seller(s) and buyer(s) should read the disclosure thoroughly, then provide their signatures and the date in the designated areas to acknowledge receipt of the document.
Take action today by completing your Mold Disclosure Form online to ensure a transparent property transaction.
The Residential Real Property Disclosure Act is an Illinois statute that was enacted in 1998 with the purpose of protecting home buyers from unscrupulous sellers who falsely report the condition of their property. It is supposed to provide buyers with a reliable representation on the major conditions of a property.
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