Illinois General Assembly - Bill Status for HB4560
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 Bill Status of HB4560  97th General Assembly


Short Description:  COMMON INTEREST UNIT-CONDO-FEE

House Sponsors
Rep. André M. Thapedi

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
765 ILCS 160/1-45
765 ILCS 605/9from Ch. 30, par. 309
765 ILCS 605/18.5from Ch. 30, par. 318.5


Synopsis As Introduced
Amends the Common Interest Association Act. Provides that the purchaser of a unit of a common interest community at a judicial foreclosure sale, other than a mortgagee, must pay the common expenses for the unit, including attorneys' fees, that would have been due during the 12 months before a foreclosure judicial sale or the execution of a deed in lieu of foreclosure and if common expenses are paid at any time, the purchaser, other than the mortgagee, has no obligation to pay any common expenses that accrued before the purchaser acquired title. Amends the Condominium Property Act. Provides that the purchaser of a condominium unit at a judicial foreclosure sale, other than a mortgagee, or a purchaser who acquires title from a mortgagee following a judicial foreclosure sale or the execution of deed in lieu of foreclosure must pay the proportionate share of the unit's common expenses, including attorneys' fees, that would have been due during the 12 months before a judicial sale or execution of a deed in lieu of foreclosure (instead of must pay common expenses, without attorney's fees included, for the 6 months incurred immediately before the filing of an action to collect common expenses) and if the common expenses are paid, the purchaser, other than the mortgagee, has no obligation to pay any common expenses that accrued before the purchaser acquired title. Makes other changes. Effective July 1, 2012.

Actions 
DateChamber Action
  1/31/2012HouseFiled with the Clerk by Rep. André M. Thapedi
  2/1/2012HouseFirst Reading
  2/1/2012HouseReferred to Rules Committee
  2/21/2012HouseAssigned to Judiciary I - Civil Law Committee
  2/21/2012HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. André M. Thapedi
  2/21/2012HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  2/27/2012HouseHouse Committee Amendment No. 1 Rules Refers to Judiciary I - Civil Law Committee
  3/9/2012HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  3/9/2012HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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