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Did You Discover A Material Defect in Your Home After Closing? You May Be Entitled to Legal Remedie

Imagine, an individual invests in one of the largest purchases of their lifetime - a new home. After purchasing the new home, the purchaser discovers that there is a material defect in the property that he or she did not have knowledge of, or bargain for, prior to the closing. Is the purchaser entitled to a remedy? Quite possibly under 765 (ILCS 77/) Residential Real Property Disclosure Act (the “Disclosure Act”). Background and Purpose of the Disclosure Act In Illinois, the Disclosure Act is a statute that modifies the common law doctrine of caveat emptor, which is a principle that a buyer alone is responsible for checking the quality of property before a purchase is made. Penn v. Geri,

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