The Illinois Condominium Property Act 
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Section Index

1. Short Title

2. Definitions

2.1 Applicability

3. Submission of Property

4. Declaration - Contents

4.1 Construction, Interpretation, and Validity of Condominium Instruments

5. Plat to be Recorded

6. Recording - Effect

7. Description in Deeds, etc.

8. Partition of Common Elements Prohibited

9. Sharing of Expenses - Lien for Nonpayment (Budgets - Reserves)

9.1 (a) Other liens; Attachment and Satisfaction

9.2 Other Remedies

9.3 Eminent Domain Proceedings; Standing

9.4 Eminent Domain Proceedings; Notice

10. Separate Taxation

11. Tax Deed

12. Insurance

12.1 Insurance Risk Pooling Trusts

13. Application of Insurance Proceeds to Reconstruction

14. Disposition of Property Where Insurance Proceeds are Insufficient for Reconstruction

14.1 Disposition or Removal of any portion of the Property

14.2 Street & Utilities Dedication

14.3 Granting of Easement for Laying of Cable Television Cable

14.4 Granting of Easement to a Governmental Body for Protection Against Water Damage or Erosion

15. Sale of Property

16. Removal from Provisions of this Act

17. Amendments to the Declaration or Bylaws

18. Contents of By-laws (Budget, Annual Meeting, Proxies, Etc.)

18.1 Incorporation as Not-for-Profit Corporation

18.2 Administration of Property Prior to Election of Initial Board of Managers

18.3 Unit Owners' Association

18.4 Powers and Duties of Board of Managers (Repairs, Restorations, Loans, Rules & Regs etc.)

18.5 Master Association

18.6 Display of American flag or military flag

19. Records of the Association – (Availability to unit owners)

20. Exemption from Rules of Property

21. Severability

22. Full Disclosure Before Sale (Sales & Leases)

22.1 Resale of a Condominium Unit by a Unit Owner.

23. Encroachments

24. Deposits by Purchaser

25. Add-on Condominiums

26. Transfer of Limited Common Elements

27. Amendment After First Sale

29. Alterations Within Units

30. Conversions

30.5 Conversion of Apartments

31. Subdivision or Combination of Units

32. Alternate Dispute Resolution; Mediation; Arbitration

 

TITLE: An Act concerning the ownership and the rights and responsibilities of parties under the condominium form of ownership of property.

SHORT TITLE: ILLINOIS CONDOMINIUM PROPERTY ACT

CITE: 765 ILCS 605/1 et seq.

FROM: Ch. 30, par. 301 et seq.

SOURCE: Laws 1963, p. 1120. TITLE AMENDED by P.A. 82-246

DATE: Approved June 20, 1963