Wednesday, December 19, 2007

New radon law starts Jan. 1

Radon is about to be a much bigger deal in the world of real estate in Illinois.

Starting January 1, anyone who sells "residential real property" (defined as a housing structure with one to four units) in Illinois must give a prospective buyer two radon-related documents: (1) a disclosure form, in which the seller explains whether he/she is aware of high radon levels in the home and (2) a pamphlet that explains how to test for radon.

That's pretty important stuff -- certainly the most serious new policy I've seen at the statewide level since I became a real estate agent in 2004. Strangely, though, I've found no mention of it in the mainstream press. There was a press release sent out to agents last month by the Illinois Association of Realtors, and I spotted some information about it on a blog of a real estate agent in the Chicagoland area. But that's about it. Even the Google News archive, generally excellent at sniffing out a story, fails to turn up anything. Of course, when even Google can't find a story, you're probably correct in assuming nobody has written one.

So I'll try to fill in the gaps.

Tomorrow our local board of real estate agents, the Lamoine Valley Board of Realtors, is holding its monthly meeting, and the guest speakers will be talking exclusively about radon. I'll report back with what I learn.

In the meantime, I'll leave you with a link to an excellent slideshow (http://www.radalink.com/illinois/presentation.htm) that gives an overview of the new radon law. Created by a company that specializes in radon testing, the slideshow even includes audio accompaniment.