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My First "Disclosure of Information on Radon Hazards"

By Peter Olson, Esq.

So I got my first radon disclosure this week pursuant to the Illinois Radon Awareness Act. Not a lot to it...Seller must give Buyer some informational pamphlet and disclose any "knowledge" and records she has of elevated radon concentrations.

What's "elevated"??

Well, just don't test and don't acquire "knowledge" and you're fine. Of course there is the cancer thing. This deal we got the disclosure on had some real high radon levels...out in the far western suburbs on the Fox. I've never asked for "radon mitigation" on the Buyer's side before.
Maybe I should be be re-thinking my grand plan to buy a little home on the Fox...I mean the communities are quaint and I love the bike trail.

Full post as published by Closing Real Estate in Chicago on February 15, 2008 (boomark / email).