Radon Awareness Act Effects in Illinois Patrick Daniels IEMA Radon Program Manager.

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Presentation transcript:

Radon Awareness Act Effects in Illinois Patrick Daniels IEMA Radon Program Manager

2 Policies that Address Radon in Real Estate Transactions Real Property Disclosure Radon Awareness

3 Illinois Real Property Disclosure The seller represents that to the best of his or her actual knowledge, the following statements have been accurately noted as "yes" (correct), "no" (incorrect), or "not applicable" to the property being sold I am aware of unsafe concentrations of radon on the premises. 23. total statements on the Illinois checklist.

Radon Awareness Act Exclusions. The provisions of this Act do not apply to the following: (1) Transfers pursuant to court order, including, but not limited to, transfers ordered by a probate court in administration of an estate, transfers between spouses resulting from a judgment of dissolution of marriage or legal separation, transfers pursuant to an order of possession, transfers by a trustee in bankruptcy, transfers by eminent domain, and transfers resulting from a decree for specific performance.

Radon Awareness Act Exclusions. The provisions of this Act do not apply to the following: (2) Transfers from a mortgagor to a mortgagee by deed in lieu of foreclosure or consent judgment, transfer by judicial deed issued pursuant to a foreclosure sale to the successful bidder or the assignee of a certificate of sale, transfer by a collateral assignment of a beneficial interest of a land trust, or a transfer by a mortgagee or a successor in interest to the mortgagee's secured position or a beneficiary under a deed in trust who has acquired the real property by deed in lieu of foreclosure, consent judgment or judicial deed issued pursuant to a foreclosure sale.

Illinois Mitigation Trends

7 Measurements vs Mitigations

8 Measurements vs Real Estate Sales

9 Measurements as a Percent of Sales

10 Measurements as a Percent of Sales Corrected for Home Disclosures

11 Contact Information Patrick Daniels (217)