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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 55. Violations and damages. If the seller fails or refuses to provide the disclosure report prior to the conveyance of the residential real property, the prospective buyer shall have the right to terminate the contract. A seller who knowingly violates or fails to perform any duty prescribed by any provision of this Act or who discloses any information on the Residential Real Property Disclosure Report that the seller knows to be false shall be liable in the amount of actual damages and court costs, and the court may award reasonable attorney's fees incurred by the prevailing party.
Cite this article: FindLaw.com - Illinois Statutes Chapter 765. Property § 77/55. Violations and damages - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-765-property/il-st-sect-765-77-55/
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