Update On Residency Requirements To Serve On A Condo Board In Illinois

The Illinois legislature has amended the Illinois Condominium Property Act (the “Act”) and while not mandatory, it allows Boards of Directors to implement policies on how Boards can be composed. Pursuant to Section 18(a)(1) of the Act, the change now allows condominium boards to require that the majority of the condominium board be made up of unit owners who occupy their units as their primary residence. No Declaration may require that more than a majority of the Board members live on site.    Read the article………………………..

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