Illinois community association law
Resale disclosure
765 ILCS 605/22.1 (Condominium Property Act)
What the law requires
On the resale of a condominium unit the seller must obtain from the association, and give the prospective purchaser, a defined set of disclosures: the declaration and bylaws, the current budget, the amount of any reserves, unpaid assessments against the unit, and pending suits or judgments affecting the association.
What it means for boards & managers
The association has to be able to produce this on request and within the statutory period. A standing packet cuts the turnaround from days to minutes and removes a recurring source of seller complaints.
Read the full text
The sections this topic covers, as we hold them. Each opens the statute text itself, not a summary of it.
This summary is for orientation and is not legal advice. Statutes are amended; confirm the current text of 765 ILCS 605/22.1 (Condominium Property Act) with the official Illinois code, and consult counsel for specific situations.
Search the statutes on Common Elements
Search Illinois community-association statutes on Common Elements: plain-English summaries, keyword search, and, where available, the same deep section library as Florida. A free account adds bookmarks, uploads, and side-by-side compare.