Illinois mold disclosure form 2025

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The document is a Mold Disclosure form from the Illinois Association of Realtors, outlining the responsibilities and knowledge of sellers regarding mold presence in a property. It includes sections for sellers to disclose whether the property has been tested for mold, if any toxic molds were identified, and if removal measures were taken. It advises buyers on the potential existence of mold and encourages them to seek professional inspections. The document also includes a hold harmless clause for agents involved in the transaction and emphasizes the importance of consulting professionals before signing.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can I sell my house if it has mold in it?

Yes, its possible to sell a house with black mold, especially to specialized buyers like Osborne Homes. However, full disclosure to potential buyers is crucial, and it might affect the propertys value in the traditional market.

Is mold in a house a deal breaker?

Absolutely, you can. Mold can be remediated though and should not be the reason you are no longer interested in a property. It is a health and safety issue, and should be taken seriously.

Does Illinois have mold laws?

In addition, Illinois doesnt have laws regarding toxic mold basics for landlords, including requirements for remediation and prevention. Despite this lack of laws and regulations, tenants who experience mold in their apartments may still be able to recover compensation for physical harm and other damages sustained.

Can you sell a house with mold in Illinois?

Act in Illinois requires sellers to disclose any known physical defects which may lead to mold. Thus, it is possible to sell a house with mold in Illinois.

How much does mold reduce home value?

Can Mold Infestations Decrease the Value of a Home? Known defects, including a mold infestation, can decrease the value of a home. Mold problems are known to decrease a homes value by 10-30%, depending on the severity of the infestation.

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Illinois mold disclosure form template Illinois mold disclosure form pdf

Does mold need to be disclosed?

Sellers are typically required to disclose any material facts about the home that could affect its value or safety. When it comes to mold, this includes: Existing Mold Problems: If there is any visible mold or if mold testing has confirmed its presence, this must be disclosed to the buyer.

Is a mold disclosure required in Illinois?

Did you know that mold disclosure forms are not required by Illinois law in real estate transactions? Many buyers are surprised to hear this, but there are no specific statutory requirements for sellers to provide regarding disclosure of mold. There is no state or federal requirement to do so.