Gov. Quinn (IL) kills bill to cap assessments tied to foreclosed condo sales

Gov. Pat Quinn on Tuesday killed a bill that would have limited the amount of money due to a condominium association when a foreclosed unit is sold. The governor, who had to act on the bill by Wednesday, used an amendatory veto to change the bill, shifting some of the costs tied to the sale of a repossessed condo unit onto the bank that foreclosed on it.    Read more……….


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