Which piece of legislation requires sellers to disclose radon hazards to buyers?

Study for the 75 Hour Broker Pre Licensing Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The Illinois Radon Awareness Act specifically mandates that sellers of residential properties in Illinois disclose any known radon hazards to potential buyers. This legislation was enacted to increase awareness about the dangers of radon gas, which is a naturally occurring radioactive gas that can pose serious health risks, including lung cancer when present in elevated levels in residential properties.

The Act requires sellers to provide buyers with information about radon and to disclose any radon testing results or radon mitigation systems that are in place. This empowers buyers to make informed decisions regarding the safety of the property they are considering purchasing.

Radon is a significant concern due to its health implications, and this legislation aims to enhance public awareness and protect consumers from potential harm, making it a critical component of real estate transactions in Illinois. Other options, while related to various aspects of real estate and environmental safety, do not specifically mandate radon hazard disclosures.

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