Illinois statute requires that at the time an agreement to transfer real property is made, the transferor shall disclose in writing to the transferee and lender all insurance claims paid to the transferor for mine subsidence on the real property.
Where Can I Get a Copy of the Disclosure Form?
There are two ways to get the form:
- Illinois statute provides the format for the form.
- Illinois Realtors publishes the disclosure form. We will provide you a copy of the form, and any other Illinois disclosure, for free when you list on the MLS through us for a one-time fee of $95.
Include Your Disclosures on Your MLS Listing
When you list your home on the MLS with homecoin.com for a one-time fee of $95, we will upload your disclosures directly in your MLS listing, so you can easily comply with Illinois law. Learn more about our flat fee MLS service here: https://homecoin.com/flat-fee-mls/illinois
Where Can I Learn More?
The Illinois Mine Subsidence Insurance Fund website.