Illinois General Assembly - Bill Status for SB2102
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 Bill Status of SB2102  96th General Assembly


Short Description:  CONDO-ASSESSMENT LIEN-NO LIMIT

Senate Sponsors
Sen. Ira I. Silverstein

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
765 ILCS 605/9from Ch. 30, par. 309


Synopsis As Introduced
Amends the Condominium Property Act. Provides that the purchaser of a condominium unit at a judicial foreclosure sale, other than a mortgagee, who takes possession of a condominium unit pursuant to a court order or a purchaser who acquires title from a mortgagee shall have the duty to pay the proportionate share, if any, of the common expenses for the unit (instead of which would have become due in the absence of any assessment acceleration during the 6 months immediately preceding institution of an action to enforce the collection of assessments) which remain unpaid by the owner during whose possession the assessments accrued and also the proportionate share, if any, of the common expenses for the unit which remain unpaid between the last date of the owner's possession and the date that the purchaser of the condominium unit at a judicial sale, or a mortgagee who receives title to the unit by deed in lieu of foreclosure or judgment by common law strict foreclosure or otherwise takes possession of the unit pursuant to court order under the Illinois Mortgage Foreclosure Law.

Actions 
DateChamber Action
  2/20/2009SenateFiled with Secretary by Sen. Ira I. Silverstein
  2/20/2009SenateFirst Reading
  2/20/2009SenateReferred to Assignments
  3/4/2009SenateAssigned to Judiciary
  3/11/2009SenateHeld in Judiciary
  3/13/2009SenateRule 3-9(a) / Re-referred to Assignments
  1/12/2011SenateSession Sine Die

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