Illinois sellers may believe they have done everything right: they prepped their home for sale, ordered a home inspection, and made cosmetic upgrades. Now they are ready for showings and negotiating offers, yet many sellers in the state are unaware that they may have overlooked obligations involving radon. Radon is a naturally occurring radioactive gas associated with significant health risks, and it is something that neither buyers nor sellers may be aware of during real estate transactions.
Home sellers in the state are legally obligated to disclose any known radon hazards to potential buyers. If the home seller is aware of the presence of radon and fails to disclose this fact, the result could be legal and financial headaches for many years to come. Both buyers and sellers must understand their radon disclosure responsibilities to prevent future disputes and protect buyers. Consulting a knowledgeable Waukegan, IL real estate lawyer ensures that both parties are protected regarding radon exposure.