Bill Status of HB3057  9th General Assembly


Short Description:  CONDO-FORECLOSE-UNPAID ASSESMT

House Sponsors
Rep. Elaine Nekritz

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

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


Synopsis As Introduced
Amends the Condominium Property Act. Provides that the requirement that the purchaser of a condominium unit or a unit of a common interest community at a judicial foreclosure sale, other than a mortgagee, who takes possession of the unit pursuant to a court order or a purchaser who acquires title from a mortgagee has a duty to pay the unit's common expenses, unpaid by the owner, which would have become due in the absence of any assessment acceleration during the 6 months immediately preceding institution of an action to collect the owner's unpaid assessments, has, as an additional component, the following: the purchaser shall have the duty to pay the proportionate share, if any, of the common expenses for the unit which would have become due in the absence of any assessment acceleration during the period beginning 6 months after institution of an action to enforce the collection of assessments and ending when the purchaser takes possession of a condominium unit pursuant to the court order or acquires title from the mortgagee.

Actions 
DateChamber Action
  2/23/2011HouseFiled with the Clerk by Rep. Elaine Nekritz
  2/23/2011HouseFirst Reading
  2/23/2011HouseReferred to Rules Committee
  2/28/2011HouseAssigned to Judiciary I - Civil Law Committee
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die