IL HB3057 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Condominium Property Act. Provides that the requirement that the purchaser of a condominium unit or a unit of a common interest community at a judicial foreclosure sale, other than a mortgagee, who takes possession of the unit pursuant to a court order or a purchaser who acquires title from a mortgagee has a duty to pay the unit's common expenses, unpaid by the owner, which would have become due in the absence of any assessment acceleration during the 6 months immediately preceding institution of an action to collect the owner's unpaid assessments, has, as an additional component, the following: the purchaser shall have the duty to pay the proportionate share, if any, of the common expenses for the unit which would have become due in the absence of any assessment acceleration during the period beginning 6 months after institution of an action to enforce the collection of assessments and ending when the purchaser takes possession of a condominium unit pursuant to the court order or acquires title from the mortgagee.

Tracking Information

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Title

CONDO-FORECLOSE-UNPAID ASSESMT

Sponsors


History

DateChamberAction
2013-01-08HouseSession Sine Die
2011-03-17HouseRule 19(a) / Re-referred to Rules Committee
2011-02-28HouseAssigned to Judiciary I - Civil Law Committee
2011-02-23HouseReferred to Rules Committee
2011-02-23HouseFirst Reading
2011-02-23HouseFiled with the Clerk by Rep. Elaine Nekritz

Code Citations

ChapterArticleSectionCitation TypeStatute Text
76560518.5Amended CodeCitation Text
7656059Amended CodeCitation Text

Illinois State Sources


Bill Comments

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