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………….

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