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New Amendments to the Illinois Condominium Property Act and Illinois Common Interest Community Association Act

/ Owner - September 13, 2017

Legislation that will take effect on January 1, 2018 will impose new obligations on Illinois condominium associations, including a requirement that every association maintain an official unit owner list that includes every unit owner’s phone number and email address. The legislation also covers a wide range of other issues, including authority for boards to resume granting exclusive use of unused common element space when units are legally combined, a statutory “deemed consent” arrangement when mortgagee approvals are needed for Declaration amendments, and expanded deadlines for submission of unit owner override petitions.    Read the article…………….

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