The Illinois State Senate welcomed the new year with a new flood disclosure law, just one of several new laws that went into effect on January 1, 2025. If you own rental property in Chicagoland, you must understand and adhere to these new requirements. Here’s what you need to know about the new Illinois Flood Disclosure Law (SB2601) and how it might apply to your rental homes. What’s A Flood Zone?The Federal Emergency Management Agenc
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