Case Update: Wing Street CA v. Kiss the Chef, LLC (IL)

In the case of Wing Street CA v. Kiss the Chef, LLC, the Illinois Supreme Court will review an issue pertinent to the collection of up to six months of a foreclosed owner’s assessments from a subsequent purchaser under Section 9(g)(4) of the Illinois Condominium Property Act. Under 9(g)(4), if the Association initiates collection activity against an owner in foreclosure, then a third-party who purchases at the sheriff’s foreclosure sale, or the third-party who purchases from the bank (mortgagee) after foreclosure, becomes liable for payment of up to six months of the foreclosed owner’s delinquent assessments that were due and unpaid at the time the collection action was initiated against the foreclosed owner.    Read the article………….


Related Articles

ELSS Bill Vetoed, Condominium Bill Approved, & Final Report on Community Association Bills for 2017 Session (FL)

Governor Rick Scott has now taken action on all of the community association bills that passed during the 2017 legislative

South Carolina senators Rankin, Jackson prefile bills aimed at regulating HOAs

After taking testimony across the state from homeowners frustrated by their homeowners associations, state lawmakers have filed separate bills aimed

Disaster Planning: New Law (NJ) Mandates Over 55 Communities to Maintain Emergency Building Operations Plans

On January 13, 2014, New Jersey Governor Chris Christie signed into law P.L. 2013, Ch. 186 (A-3625/S-2343), which requires age-restricted