101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB3435

 

Introduced 2/14/2020, by Sen. Laura M. Murphy

 

SYNOPSIS AS INTRODUCED:
 
765 ILCS 605/18  from Ch. 30, par. 318

    Amends the Condominium Property Act. Provides that the bylaws shall provide that unit owners selected to the board of managers shall reside on the property.


LRB101 20086 LNS 69619 b

 

 

A BILL FOR

 

SB3435LRB101 20086 LNS 69619 b

1    AN ACT concerning civil law.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Condominium Property Act is amended by
5changing Section 18 as follows:
 
6    (765 ILCS 605/18)  (from Ch. 30, par. 318)
7    Sec. 18. Contents of bylaws. The bylaws shall provide for
8at least the following:
9        (a)(1) The election from among the unit owners of a
10    board of managers, a requirement that unit owners selected
11    to the board of managers shall reside on the property, the
12    number of persons constituting such board, and that the
13    terms of at least one-third of the members of the board
14    shall expire annually and that all members of the board
15    shall be elected at large; if there are multiple owners of
16    a single unit, only one of the multiple owners shall be
17    eligible to serve as a member of the board at any one time;
18        (2) the powers and duties of the board;
19        (3) the compensation, if any, of the members of the
20    board;
21        (4) the method of removal from office of members of the
22    board;
23        (5) that the board may engage the services of a manager

 

 

SB3435- 2 -LRB101 20086 LNS 69619 b

1    or managing agent;
2        (6) that each unit owner shall receive, at least 25
3    days prior to the adoption thereof by the board of
4    managers, a copy of the proposed annual budget together
5    with an indication of which portions are intended for
6    reserves, capital expenditures or repairs or payment of
7    real estate taxes;
8        (7) that the board of managers shall annually supply to
9    all unit owners an itemized accounting of the common
10    expenses for the preceding year actually incurred or paid,
11    together with an indication of which portions were for
12    reserves, capital expenditures or repairs or payment of
13    real estate taxes and with a tabulation of the amounts
14    collected pursuant to the budget or assessment, and showing
15    the net excess or deficit of income over expenditures plus
16    reserves;
17        (8)(i) that each unit owner shall receive notice, in
18    the same manner as is provided in this Act for membership
19    meetings, of any meeting of the board of managers
20    concerning the adoption of the proposed annual budget and
21    regular assessments pursuant thereto or to adopt a separate
22    (special) assessment, (ii) that except as provided in
23    subsection (iv) below, if an adopted budget or any separate
24    assessment adopted by the board would result in the sum of
25    all regular and separate assessments payable in the current
26    fiscal year exceeding 115% of the sum of all regular and

 

 

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1    separate assessments payable during the preceding fiscal
2    year, the board of managers, upon written petition by unit
3    owners with 20 percent of the votes of the association
4    delivered to the board within 21 days of the board action,
5    shall call a meeting of the unit owners within 30 days of
6    the date of delivery of the petition to consider the budget
7    or separate assessment; unless a majority of the total
8    votes of the unit owners are cast at the meeting to reject
9    the budget or separate assessment, it is ratified, (iii)
10    that any common expense not set forth in the budget or any
11    increase in assessments over the amount adopted in the
12    budget shall be separately assessed against all unit
13    owners, (iv) that separate assessments for expenditures
14    relating to emergencies or mandated by law may be adopted
15    by the board of managers without being subject to unit
16    owner approval or the provisions of item (ii) above or item
17    (v) below. As used herein, "emergency" means an immediate
18    danger to the structural integrity of the common elements
19    or to the life, health, safety or property of the unit
20    owners, (v) that assessments for additions and alterations
21    to the common elements or to association-owned property not
22    included in the adopted annual budget, shall be separately
23    assessed and are subject to approval of two-thirds of the
24    total votes of all unit owners, (vi) that the board of
25    managers may adopt separate assessments payable over more
26    than one fiscal year. With respect to multi-year

 

 

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1    assessments not governed by items (iv) and (v), the entire
2    amount of the multi-year assessment shall be deemed
3    considered and authorized in the first fiscal year in which
4    the assessment is approved;
5        (9)(A) that every meeting of the board of managers
6    shall be open to any unit owner, except that the board may
7    close any portion of a noticed meeting or meet separately
8    from a noticed meeting to: (i) discuss litigation when an
9    action against or on behalf of the particular association
10    has been filed and is pending in a court or administrative
11    tribunal, or when the board of managers finds that such an
12    action is probable or imminent, (ii) discuss the
13    appointment, employment, engagement, or dismissal of an
14    employee, independent contractor, agent, or other provider
15    of goods and services, (iii) interview a potential
16    employee, independent contractor, agent, or other provider
17    of goods and services, (iv) discuss violations of rules and
18    regulations of the association, (v) discuss a unit owner's
19    unpaid share of common expenses, or (vi) consult with the
20    association's legal counsel; that any vote on these matters
21    shall take place at a meeting of the board of managers or
22    portion thereof open to any unit owner;
23        (B) that board members may participate in and act at
24    any meeting of the board of managers in person, by
25    telephonic means, or by use of any acceptable technological
26    means whereby all persons participating in the meeting can

 

 

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1    communicate with each other; that participation
2    constitutes attendance and presence in person at the
3    meeting;
4        (C) that any unit owner may record the proceedings at
5    meetings of the board of managers or portions thereof
6    required to be open by this Act by tape, film or other
7    means, and that the board may prescribe reasonable rules
8    and regulations to govern the right to make such
9    recordings;
10        (D) that notice of every meeting of the board of
11    managers shall be given to every board member at least 48
12    hours prior thereto, unless the board member waives notice
13    of the meeting pursuant to subsection (a) of Section 18.8;
14    and
15        (E) that notice of every meeting of the board of
16    managers shall be posted in entranceways, elevators, or
17    other conspicuous places in the condominium at least 48
18    hours prior to the meeting of the board of managers except
19    where there is no common entranceway for 7 or more units,
20    the board of managers may designate one or more locations
21    in the proximity of these units where the notices of
22    meetings shall be posted; that notice of every meeting of
23    the board of managers shall also be given at least 48 hours
24    prior to the meeting, or such longer notice as this Act may
25    separately require, to: (i) each unit owner who has
26    provided the association with written authorization to

 

 

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1    conduct business by acceptable technological means, and
2    (ii) to the extent that the condominium instruments of an
3    association require, to each other unit owner, as required
4    by subsection (f) of Section 18.8, by mail or delivery, and
5    that no other notice of a meeting of the board of managers
6    need be given to any unit owner;
7        (10) that the board shall meet at least 4 times
8    annually;
9        (11) that no member of the board or officer shall be
10    elected for a term of more than 2 years, but that officers
11    and board members may succeed themselves;
12        (12) the designation of an officer to mail and receive
13    all notices and execute amendments to condominium
14    instruments as provided for in this Act and in the
15    condominium instruments;
16        (13) the method of filling vacancies on the board which
17    shall include authority for the remaining members of the
18    board to fill the vacancy by two-thirds vote until the next
19    annual meeting of unit owners or for a period terminating
20    no later than 30 days following the filing of a petition
21    signed by unit owners holding 20% of the votes of the
22    association requesting a meeting of the unit owners to fill
23    the vacancy for the balance of the term, and that a meeting
24    of the unit owners shall be called for purposes of filling
25    a vacancy on the board no later than 30 days following the
26    filing of a petition signed by unit owners holding 20% of

 

 

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1    the votes of the association requesting such a meeting, and
2    the method of filling vacancies among the officers that
3    shall include the authority for the members of the board to
4    fill the vacancy for the unexpired portion of the term;
5        (14) what percentage of the board of managers, if other
6    than a majority, shall constitute a quorum;
7        (15) provisions concerning notice of board meetings to
8    members of the board;
9        (16) the board of managers may not enter into a
10    contract with a current board member or with a corporation
11    or partnership in which a board member or a member of the
12    board member's immediate family has 25% or more interest,
13    unless notice of intent to enter the contract is given to
14    unit owners within 20 days after a decision is made to
15    enter into the contract and the unit owners are afforded an
16    opportunity by filing a petition, signed by 20% of the unit
17    owners, for an election to approve or disapprove the
18    contract; such petition shall be filed within 30 days after
19    such notice and such election shall be held within 30 days
20    after filing the petition; for purposes of this subsection,
21    a board member's immediate family means the board member's
22    spouse, parents, and children;
23        (17) that the board of managers may disseminate to unit
24    owners biographical and background information about
25    candidates for election to the board if (i) reasonable
26    efforts to identify all candidates are made and all

 

 

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1    candidates are given an opportunity to include
2    biographical and background information in the information
3    to be disseminated; and (ii) the board does not express a
4    preference in favor of any candidate;
5        (18) any proxy distributed for board elections by the
6    board of managers gives unit owners the opportunity to
7    designate any person as the proxy holder, and gives the
8    unit owner the opportunity to express a preference for any
9    of the known candidates for the board or to write in a
10    name;
11        (19) that special meetings of the board of managers can
12    be called by the president or 25% of the members of the
13    board;
14        (20) that the board of managers may establish and
15    maintain a system of master metering of public utility
16    services and collect payments in connection therewith,
17    subject to the requirements of the Tenant Utility Payment
18    Disclosure Act; and
19        (21) that the board may ratify and confirm actions of
20    the members of the board taken in response to an emergency,
21    as that term is defined in subdivision (a)(8)(iv) of this
22    Section; that the board shall give notice to the unit
23    owners of: (i) the occurrence of the emergency event within
24    7 business days after the emergency event, and (ii) the
25    general description of the actions taken to address the
26    event within 7 days after the emergency event.

 

 

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1        The intent of the provisions of Public Act 99-472
2    adding this paragraph (21) is to empower and support boards
3    to act in emergencies.
4        (b)(1) What percentage of the unit owners, if other
5    than 20%, shall constitute a quorum provided that, for
6    condominiums with 20 or more units, the percentage of unit
7    owners constituting a quorum shall be 20% unless the unit
8    owners holding a majority of the percentage interest in the
9    association provide for a higher percentage, provided that
10    in voting on amendments to the association's bylaws, a unit
11    owner who is in arrears on the unit owner's regular or
12    separate assessments for 60 days or more, shall not be
13    counted for purposes of determining if a quorum is present,
14    but that unit owner retains the right to vote on amendments
15    to the association's bylaws;
16        (2) that the association shall have one class of
17    membership;
18        (3) that the members shall hold an annual meeting, one
19    of the purposes of which shall be to elect members of the
20    board of managers;
21        (4) the method of calling meetings of the unit owners;
22        (5) that special meetings of the members can be called
23    by the president, board of managers, or by 20% of unit
24    owners;
25        (6) that written notice of any membership meeting shall
26    be mailed or delivered giving members no less than 10 and

 

 

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1    no more than 30 days notice of the time, place and purpose
2    of such meeting except that notice may be sent, to the
3    extent the condominium instruments or rules adopted
4    thereunder expressly so provide, by electronic
5    transmission consented to by the unit owner to whom the
6    notice is given, provided the director and officer or his
7    agent certifies in writing to the delivery by electronic
8    transmission;
9        (7) that voting shall be on a percentage basis, and
10    that the percentage vote to which each unit is entitled is
11    the percentage interest of the undivided ownership of the
12    common elements appurtenant thereto, provided that the
13    bylaws may provide for approval by unit owners in
14    connection with matters where the requisite approval on a
15    percentage basis is not specified in this Act, on the basis
16    of one vote per unit;
17        (8) that, where there is more than one owner of a unit,
18    if only one of the multiple owners is present at a meeting
19    of the association, he is entitled to cast all the votes
20    allocated to that unit, if more than one of the multiple
21    owners are present, the votes allocated to that unit may be
22    cast only in accordance with the agreement of a majority in
23    interest of the multiple owners, unless the declaration
24    expressly provides otherwise, that there is majority
25    agreement if any one of the multiple owners cast the votes
26    allocated to that unit without protest being made promptly

 

 

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1    to the person presiding over the meeting by any of the
2    other owners of the unit;
3        (9)(A) except as provided in subparagraph (B) of this
4    paragraph (9) in connection with board elections, that a
5    unit owner may vote by proxy executed in writing by the
6    unit owner or by his duly authorized attorney in fact; that
7    the proxy must bear the date of execution and, unless the
8    condominium instruments or the written proxy itself
9    provide otherwise, is invalid after 11 months from the date
10    of its execution; to the extent the condominium instruments
11    or rules adopted thereunder expressly so provide, a vote or
12    proxy may be submitted by electronic transmission,
13    provided that any such electronic transmission shall
14    either set forth or be submitted with information from
15    which it can be determined that the electronic transmission
16    was authorized by the unit owner or the unit owner's proxy;
17        (B) that if a rule adopted at least 120 days before a
18    board election or the declaration or bylaws provide for
19    balloting as set forth in this subsection, unit owners may
20    not vote by proxy in board elections, but may vote only (i)
21    by submitting an association-issued ballot in person at the
22    election meeting or (ii) by submitting an
23    association-issued ballot to the association or its
24    designated agent by mail or other means of delivery
25    specified in the declaration, bylaws, or rule; that the
26    ballots shall be mailed or otherwise distributed to unit

 

 

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1    owners not less than 10 and not more than 30 days before
2    the election meeting, and the board shall give unit owners
3    not less than 21 days' prior written notice of the deadline
4    for inclusion of a candidate's name on the ballots; that
5    the deadline shall be no more than 7 days before the
6    ballots are mailed or otherwise distributed to unit owners;
7    that every such ballot must include the names of all
8    candidates who have given the board or its authorized agent
9    timely written notice of their candidacy and must give the
10    person casting the ballot the opportunity to cast votes for
11    candidates whose names do not appear on the ballot; that a
12    ballot received by the association or its designated agent
13    after the close of voting shall not be counted; that a unit
14    owner who submits a ballot by mail or other means of
15    delivery specified in the declaration, bylaws, or rule may
16    request and cast a ballot in person at the election
17    meeting, and thereby void any ballot previously submitted
18    by that unit owner;
19        (B-5) that if a rule adopted at least 120 days before a
20    board election or the declaration or bylaws provide for
21    balloting as set forth in this subparagraph, unit owners
22    may not vote by proxy in board elections, but may vote only
23    (i) by submitting an association-issued ballot in person at
24    the election meeting; or (ii) by any acceptable
25    technological means as defined in Section 2 of this Act;
26    instructions regarding the use of electronic means for

 

 

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1    voting shall be distributed to all unit owners not less
2    than 10 and not more than 30 days before the election
3    meeting, and the board shall give unit owners not less than
4    21 days' prior written notice of the deadline for inclusion
5    of a candidate's name on the ballots; the deadline shall be
6    no more than 7 days before the instructions for voting
7    using electronic or acceptable technological means is
8    distributed to unit owners; every instruction notice must
9    include the names of all candidates who have given the
10    board or its authorized agent timely written notice of
11    their candidacy and must give the person voting through
12    electronic or acceptable technological means the
13    opportunity to cast votes for candidates whose names do not
14    appear on the ballot; a unit owner who submits a vote using
15    electronic or acceptable technological means may request
16    and cast a ballot in person at the election meeting,
17    thereby voiding any vote previously submitted by that unit
18    owner;
19        (C) that if a written petition by unit owners with at
20    least 20% of the votes of the association is delivered to
21    the board within 30 days after the board's approval of a
22    rule adopted pursuant to subparagraph (B) or subparagraph
23    (B-5) of this paragraph (9), the board shall call a meeting
24    of the unit owners within 30 days after the date of
25    delivery of the petition; that unless a majority of the
26    total votes of the unit owners are cast at the meeting to

 

 

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1    reject the rule, the rule is ratified;
2        (D) that votes cast by ballot under subparagraph (B) or
3    electronic or acceptable technological means under
4    subparagraph (B-5) of this paragraph (9) are valid for the
5    purpose of establishing a quorum;
6        (10) that the association may, upon adoption of the
7    appropriate rules by the board of managers, conduct
8    elections by secret ballot whereby the voting ballot is
9    marked only with the percentage interest for the unit and
10    the vote itself, provided that the board further adopt
11    rules to verify the status of the unit owner issuing a
12    proxy or casting a ballot; and further, that a candidate
13    for election to the board of managers or such candidate's
14    representative shall have the right to be present at the
15    counting of ballots at such election;
16        (11) that in the event of a resale of a condominium
17    unit the purchaser of a unit from a seller other than the
18    developer pursuant to an installment sales contract for
19    purchase shall during such times as he or she resides in
20    the unit be counted toward a quorum for purposes of
21    election of members of the board of managers at any meeting
22    of the unit owners called for purposes of electing members
23    of the board, shall have the right to vote for the election
24    of members of the board of managers and to be elected to
25    and serve on the board of managers unless the seller
26    expressly retains in writing any or all of such rights. In

 

 

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1    no event may the seller and purchaser both be counted
2    toward a quorum, be permitted to vote for a particular
3    office or be elected and serve on the board. Satisfactory
4    evidence of the installment sales contract shall be made
5    available to the association or its agents. For purposes of
6    this subsection, "installment sales contract" shall have
7    the same meaning as set forth in Section 5 of the
8    Installment Sales Contract Act and Section 1(e) of the
9    Dwelling Unit Installment Contract Act;
10        (12) the method by which matters subject to the
11    approval of unit owners set forth in this Act, or in the
12    condominium instruments, will be submitted to the unit
13    owners at special membership meetings called for such
14    purposes; and
15        (13) that matters subject to the affirmative vote of
16    not less than 2/3 of the votes of unit owners at a meeting
17    duly called for that purpose, shall include, but not be
18    limited to:
19            (i) merger or consolidation of the association;
20            (ii) sale, lease, exchange, or other disposition
21        (excluding the mortgage or pledge) of all, or
22        substantially all of the property and assets of the
23        association; and
24            (iii) the purchase or sale of land or of units on
25        behalf of all unit owners.
26        (c) Election of a president from among the board of

 

 

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1    managers, who shall preside over the meetings of the board
2    of managers and of the unit owners.
3        (d) Election of a secretary from among the board of
4    managers, who shall keep the minutes of all meetings of the
5    board of managers and of the unit owners and who shall, in
6    general, perform all the duties incident to the office of
7    secretary.
8        (e) Election of a treasurer from among the board of
9    managers, who shall keep the financial records and books of
10    account.
11        (f) Maintenance, repair and replacement of the common
12    elements and payments therefor, including the method of
13    approving payment vouchers.
14        (g) An association with 30 or more units shall obtain
15    and maintain fidelity insurance covering persons who
16    control or disburse funds of the association for the
17    maximum amount of coverage available to protect funds in
18    the custody or control of the association plus the
19    association reserve fund. All management companies which
20    are responsible for the funds held or administered by the
21    association shall maintain and furnish to the association a
22    fidelity bond for the maximum amount of coverage available
23    to protect funds in the custody of the management company
24    at any time. The association shall bear the cost of the
25    fidelity insurance and fidelity bond, unless otherwise
26    provided by contract between the association and a

 

 

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1    management company. The association shall be the direct
2    obligee of any such fidelity bond. A management company
3    holding reserve funds of an association shall at all times
4    maintain a separate account for each association,
5    provided, however, that for investment purposes, the Board
6    of Managers of an association may authorize a management
7    company to maintain the association's reserve funds in a
8    single interest bearing account with similar funds of other
9    associations. The management company shall at all times
10    maintain records identifying all moneys of each
11    association in such investment account. The management
12    company may hold all operating funds of associations which
13    it manages in a single operating account but shall at all
14    times maintain records identifying all moneys of each
15    association in such operating account. Such operating and
16    reserve funds held by the management company for the
17    association shall not be subject to attachment by any
18    creditor of the management company.
19        For the purpose of this subsection, a management
20    company shall be defined as a person, partnership,
21    corporation, or other legal entity entitled to transact
22    business on behalf of others, acting on behalf of or as an
23    agent for a unit owner, unit owners or association of unit
24    owners for the purpose of carrying out the duties,
25    responsibilities, and other obligations necessary for the
26    day to day operation and management of any property subject

 

 

SB3435- 18 -LRB101 20086 LNS 69619 b

1    to this Act. For purposes of this subsection, the term
2    "fiduciary insurance coverage" shall be defined as both a
3    fidelity bond and directors and officers liability
4    coverage, the fidelity bond in the full amount of
5    association funds and association reserves that will be in
6    the custody of the association, and the directors and
7    officers liability coverage at a level as shall be
8    determined to be reasonable by the board of managers, if
9    not otherwise established by the declaration or by laws.
10        Until one year after September 21, 1985 (the effective
11    date of Public Act 84-722), if a condominium association
12    has reserves plus assessments in excess of $250,000 and
13    cannot reasonably obtain 100% fidelity bond coverage for
14    such amount, then it must obtain a fidelity bond coverage
15    of $250,000.
16        (h) Method of estimating the amount of the annual
17    budget, and the manner of assessing and collecting from the
18    unit owners their respective shares of such estimated
19    expenses, and of any other expenses lawfully agreed upon.
20        (i) That upon 10 days notice to the manager or board of
21    managers and payment of a reasonable fee, any unit owner
22    shall be furnished a statement of his account setting forth
23    the amount of any unpaid assessments or other charges due
24    and owing from such owner.
25        (j) Designation and removal of personnel necessary for
26    the maintenance, repair and replacement of the common

 

 

SB3435- 19 -LRB101 20086 LNS 69619 b

1    elements.
2        (k) Such restrictions on and requirements respecting
3    the use and maintenance of the units and the use of the
4    common elements, not set forth in the declaration, as are
5    designed to prevent unreasonable interference with the use
6    of their respective units and of the common elements by the
7    several unit owners.
8        (l) Method of adopting and of amending administrative
9    rules and regulations governing the operation and use of
10    the common elements.
11        (m) The percentage of votes required to modify or amend
12    the bylaws, but each one of the particulars set forth in
13    this section shall always be embodied in the bylaws.
14        (n)(i) The provisions of this Act, the declaration,
15    bylaws, other condominium instruments, and rules and
16    regulations that relate to the use of the individual unit
17    or the common elements shall be applicable to any person
18    leasing a unit and shall be deemed to be incorporated in
19    any lease executed or renewed on or after August 30, 1984
20    (the effective date of Public Act 83-1271).
21        (ii) With regard to any lease entered into subsequent
22    to July 1, 1990 (the effective date of Public Act 86-991),
23    the unit owner leasing the unit shall deliver a copy of the
24    signed lease to the board or if the lease is oral, a
25    memorandum of the lease, not later than the date of
26    occupancy or 10 days after the lease is signed, whichever

 

 

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1    occurs first. In addition to any other remedies, by filing
2    an action jointly against the tenant and the unit owner, an
3    association may seek to enjoin a tenant from occupying a
4    unit or seek to evict a tenant under the provisions of
5    Article IX of the Code of Civil Procedure for failure of
6    the lessor-owner to comply with the leasing requirements
7    prescribed by this Section or by the declaration, bylaws,
8    and rules and regulations. The board of managers may
9    proceed directly against a tenant, at law or in equity, or
10    under the provisions of Article IX of the Code of Civil
11    Procedure, for any other breach by tenant of any covenants,
12    rules, regulations or bylaws.
13        (o) The association shall have no authority to forbear
14    the payment of assessments by any unit owner.
15        (p) That when 30% or fewer of the units, by number,
16    possess over 50% in the aggregate of the votes in the
17    association, any percentage vote of members specified
18    herein or in the condominium instruments shall require the
19    specified percentage by number of units rather than by
20    percentage of interest in the common elements allocated to
21    units that would otherwise be applicable and garage units
22    or storage units, or both, shall have, in total, no more
23    votes than their aggregate percentage of ownership in the
24    common elements; this shall mean that if garage units or
25    storage units, or both, are to be given a vote, or portion
26    of a vote, that the association must add the total number

 

 

SB3435- 21 -LRB101 20086 LNS 69619 b

1    of votes cast of garage units, storage units, or both, and
2    divide the total by the number of garage units, storage
3    units, or both, and multiply by the aggregate percentage of
4    ownership of garage units and storage units to determine
5    the vote, or portion of a vote, that garage units or
6    storage units, or both, have. For purposes of this
7    subsection (p), when making a determination of whether 30%
8    or fewer of the units, by number, possess over 50% in the
9    aggregate of the votes in the association, a unit shall not
10    include a garage unit or a storage unit.
11        (q) That a unit owner may not assign, delegate,
12    transfer, surrender, or avoid the duties,
13    responsibilities, and liabilities of a unit owner under
14    this Act, the condominium instruments, or the rules and
15    regulations of the Association; and that such an attempted
16    assignment, delegation, transfer, surrender, or avoidance
17    shall be deemed void.
18    The provisions of this Section are applicable to all
19condominium instruments recorded under this Act. Any portion of
20a condominium instrument which contains provisions contrary to
21these provisions shall be void as against public policy and
22ineffective. Any such instrument which fails to contain the
23provisions required by this Section shall be deemed to
24incorporate such provisions by operation of law.
25(Source: P.A. 99-472, eff. 6-1-16; 99-567, eff. 1-1-17; 99-642,
26eff. 7-28-16; 100-292, eff. 1-1-18; 100-416, eff. 1-1-18;

 

 

SB3435- 22 -LRB101 20086 LNS 69619 b

1100-863, eff. 8-14-18.)