Illinois Compiled Statutes 225 ILCS 454 Real Estate License Act of 2000. Section 10-27

    (225 ILCS 454/10-27)

    (Section scheduled to be repealed on January 1, 2020)

    Sec. 10-27. Disclosure of licensee status. Each licensee shall disclose, in writing, his or her status as a licensee to all parties in a transaction when the licensee is selling, leasing, or purchasing any interest, direct or indirect, in the real estate that is the subject of the transaction.

(Source: P.A. 91-245, eff. 12-31-99.)

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Last modified: February 18, 2015