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Disclosers for prospective purchasers (IL)

/ Owner - July 29, 2019

I have been receiving a lot of inquiries about the disclosures required to be provided to prospective purchasers under Section 22.1(a) of the Illinois Condominium Property Act. Section 22.1 describes the information that the unit owner must obtain from the board for inspection by a prospective purchaser, upon demand, in the event of any resale of a condominium unit by a unit owner other than the developer.     Read the article…………………………….

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