Illinois General Assembly - Bill Status for HB5985
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 Bill Status of HB5985  96th General Assembly


Short Description:  CONDOS-ELECTRONIC NOTICE

House Sponsors
Rep. Michael J. Zalewski

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
765 ILCS 605/18.5from Ch. 30, par. 318.5


Synopsis As Introduced
Amends the Condominium Property Act. Provides that to the extent that the governing documents of a common interest community or a master association provide for lien rights and the applicability of forcible entry provisions of the Code of Civil Procedure, the purchaser of a unit in a common interest community or master association at a judicial foreclosure sale, other than a mortgagee, who takes possession of a unit pursuant to a court order or a purchaser who acquires title from a mortgagee has 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 6 months immediately preceding the commencement of an action to collect the unpaid assessments. Provides that if the outstanding assessments are paid at any time during a collection action, the purchaser shall have no obligation to pay any assessments which accrued before he or she acquired title. Provides that this does not create a statutory lien in favor of the common interest community or master association.

Actions 
DateChamber Action
  2/10/2010HouseFiled with the Clerk by Rep. Michael J. Zalewski
  2/10/2010HouseFirst Reading
  2/10/2010HouseReferred to Rules Committee
  1/11/2011HouseSession Sine Die

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