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Rep. Elaine Nekritz
Filed: 4/4/2006
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09400SB2570ham003 |
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LRB094 18528 AJO 58059 a |
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| AMENDMENT TO SENATE BILL 2570
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| AMENDMENT NO. ______. Amend Senate Bill 2570, AS AMENDED, |
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| by replacing paragraph (5) of subsection (g) of Sec. 9 of |
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| Section 5 with the following:
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| "(5) The notice of sale of a condominium unit under |
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| subsection (c) of Section 15-1507 of the Code of Civil |
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| Procedure shall state that the purchaser of the unit other |
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| than a mortgagee shall pay the assessments and the legal |
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| fees required by subdivisions (g)(1) and (g)(4) of Section |
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| 9 of this Act. The statement of assessment account issued |
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| by the association to a unit owner under subsection (i) of |
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| Section 18 of this Act, and the disclosure statement issued |
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| to a prospective purchaser under Section 22.1 of this Act, |
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| shall state the amount of the assessments and the legal |
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| fees, if any, required by subdivisions (g)(1) and (g)(4) of |
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| Section 9 of this Act.".
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