Illinois disclosure statement 2025

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The document is a legal disclosure statement filed in the Circuit Court of Cook County, Illinois, detailing the financial status of a petitioner or respondent involved in domestic relations matters such as marriage dissolution, custody, or support. It includes sections for net worth, income sources, monthly living expenses, liabilities, and health insurance coverage. The affidavit requires accurate reporting of assets and debts to assist the court in making informed decisions regarding financial obligations.

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Click ‘Get Form’ to open the Illinois Disclosure Statement in our editor.
Begin by filling in your personal information, including your name, address, and date of birth. Ensure accuracy as this information is crucial for legal purposes.
Indicate whether you are married, in a civil union, or involved in custody/support matters. This helps categorize your disclosure appropriately.
Complete the 'Statement of Income' section by detailing all sources of income. Include salary, bonuses, and any other earnings to provide a comprehensive overview.
In the 'Statement of Monthly Living Expenses', list all household expenses such as mortgage or rent, utilities, and transportation costs. Be thorough to reflect your financial situation accurately.
Fill out the 'Statement of Liabilities' by identifying all creditors and their respective balances. This section is essential for understanding your financial obligations.
Review all entries for accuracy before signing the document electronically within our platform. This ensures that your submission is complete and correct.

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Versions	Form popularity	Fillable & printable
2014	4.8 Satisfied (120 Votes)
2013	4.3 Satisfied (45 Votes)
2011	4.4 Satisfied (64 Votes)
2010	4 Satisfied (22 Votes)

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What are the requirements for a disclosure statement?

An effective disclosure statement should do the following: Identify all relevant parties involved. Determine and state the purpose of the disclosure. Outline and provide the information that needs to be included in the disclosure.

Do I need an odometer disclosure statement in Illinois?

Illinois law requires mileage disclosure for all vehicles. Exceptions include: vehicle weight of more than 16,000 pounds; vehicles 10 years old or older; vehicles that are not self-propelled; and vehicles manufactured without an odometer.

Who is required to complete the Illinois residential Real Property Disclosure Form?

A seller of residential real property shall complete all items in the disclosure report described in Section 35. The seller shall deliver to the prospective buyer the written disclosure report required by this Act before the signing of a contract.

Who is responsible for preparing closing documents?

The person responsible for assembling necessary closing documents, preparing the HUD-1 settlement, and arranging the closing is generally referred to as the Closing Agent or Settlement Agent. This individual can be an attorney, a representative of the title company, or a representative of the mortgage lender.

Who prepares the closing disclosure form in Illinois?

The answer is sellers attorney. In Illinois, the closing statement is customarily prepared by the sellers attorney.

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Are property disclosures required in Illinois?

Disclosure report requirements. A seller of residential real property shall complete all items in the disclosure report described in Section 35. The seller shall deliver to the prospective buyer the written disclosure report required by this Act before the signing of a contract.

Who is responsible for delivering the closing disclosure?

In transactions involving a seller, the settlement agent is required to provide the seller with the Closing Disclosure reflecting the actual terms of the sellers transaction no later than the day of consummation.

Who prepares the closing disclosure form?

Lenders are required to provide your Closing Disclosure three business days before your scheduled closing.

Illinois disclosure statement 2025

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Got questions?

What are the requirements for a disclosure statement?

Do I need an odometer disclosure statement in Illinois?

Who is required to complete the Illinois residential Real Property Disclosure Form?

Who is responsible for preparing closing documents?

Who prepares the closing disclosure form in Illinois?

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Are property disclosures required in Illinois?

Who is responsible for delivering the closing disclosure?

Who prepares the closing disclosure form?

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