Illinois Disclosure

# Illinois Disclosure Requirements ## Practice & Fair Housing — Exam Study Lesson > Why this matters on the exam: Disclosure questions consistently appear in the ~8% "Property Disclosures" weight AND within the ~12% "Practice & Fair Housing" section — together they represent roughly one in five exam questions. Knowing *what* must be disclosed, *when*, and *to whom* is essential for passing. --- ## Overview: The Disclosure Framework in Illinois Illinois operates under the Illinois Residential Real Property Disclosure Act (765 ILCS 77/1), which creates a mandatory written disclosure system for most residential sales. This statute is administered alongside 225 ILCS 454 (RELA 2000), which imposes the agent's independent disclosure duty. The framework is layered: federal law sets the floor; Illinois statutes add additional obligations on top. Governing statute: 765 ILCS 77/1 — Illinois Residential Real Property Disclosure Act Regulator: Illinois Department of Financial and Professional Regulation (IDFPR) — idfpr.illinois.gov > Sourcing note: The ILGA full-text page for 225 ILCS 454 returned HTTP 404 during enrichment (2026-06-29). Statutory citations in this lesson for RELA 2000 are drawn from the curriculum as authored; 765 ILCS 77/1 statutory identity is confirmed via IDFPR regulatory references. --- ## The Illinois Residential Real Property Disclosure Act ### Who Must Comply? This Act applies to 1–4 unit residential properties. The seller — not the agent — is the primary party responsible for completing the disclosure form. ### What Must Be Disclosed? The disclosure form covers known material…