HB 4731

  • Illinois House Bill
  • 94th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Consumer Fraud-Real Property

Abstract

Amends the Consumer Fraud and Deceptive Business Practices Act. Makes it an unlawful practice under the Act, in a situation dealing with the sale or transfer of real property, to: (i) condition or refuse the sale of real property based upon a purchaser's election to use the service provider of his or her choice for mortgage, title, appraisal, or insurance services; (ii) increase the cost of any real property transaction based upon a purchaser's election to use the service provider of his or her choice for mortgage, title, appraisal, or insurance services; or (iii) require the use of any service provider in the sale or transfer of real property as a condition to receive any incentive, promotion, or special offer. Effective immediately.

Bill Sponsors (1)

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Jan 09, 2007

House

Session Sine Die

Jan 12, 2006

House

Filed with the Clerk by Rep. JoAnn D. Osmond

House

First Reading

House

Referred to Rules Committee

Bill Text

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