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Illinois legislature may restrict arbitration as option for resolving condo association-developer disputes

/ Owner - May 8, 2014

Commonly used, cost-effective measures for resolving disputes between Illinois condominium developers and association boards may soon be declared void as against public policy. Two bills with similar language currently under consideration by the Illinois legislature will make significant changes to the Illinois Condominium Property Act (“the Act”) with costly implications for developers and other construction professionals.     Read more……..

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