Bill Text: IL SB0177 | 2009-2010 | 96th General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

---

Bill Title: Amends the Condominium Property Act. Makes a technical change in a Section pertaining to the submission of property to the provisions of the Act.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2009-05-31 - Rule 19(a) / Re-referred to Rules Committee [SB0177 Detail]

Download: Illinois-2009-SB0177-Introduced.html

---

96TH GENERAL ASSEMBLY State of Illinois 2009 and 2010 SB0177 Introduced 1/30/2009, by Sen. Mattie Hunter SYNOPSIS AS INTRODUCED:
765 ILCS 605/3 from Ch. 30, par. 303
Amends the Condominium Property Act. Makes a technical change in a Section pertaining to the submission of property to the provisions of the Act.
LRB096 06715 AJO 16799 b
A BILL FOR
SB0177 LRB096 06715 AJO 16799 b
AN ACT concerning civil law.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Condominium Property Act is amended by
changing Section 3 as follows:
(765 ILCS 605/3) (from Ch. 30, par. 303)
Sec. 3. Submission of property. Whenever the the owner or
owners in fee simple, or the sole lessee or all lessees of a
lease described in item (x) of Section 2, of a parcel intend to
submit such property to the provisions of this Act, they shall
do so by recording a declaration, duly executed and
acknowledged, expressly stating such intent and setting forth
the particulars enumerated in Section 4. If the condominium is
a leasehold condominium, then every lessor of the lease
creating a leasehold interest as described in item (x) of
Section 2 shall also execute the declaration and such lease
shall be recorded prior to the recording of the declaration.
The execution of a declaration required under this Section
by the lessor under a lease as described in item (x) of Section
2 does not make the lessor a developer for purposes of this
Act.
(Source: P.A. 93-474, eff. 8-8-03.)