765 ILCS 605/22.2

Current through Public Act 103-1052
Section 765 ILCS 605/22.2 - [Effective 1/1/2025] Resale approval

In the event of a sale of a condominium unit by a unit owner, no condominium association shall exercise any right of refusal, option to purchase, or right to disapprove the sale: (a) on the basis that the purchaser's financing is guaranteed by the Federal Housing Administration; or (b) for a discriminatory or otherwise unlawful purpose. Any person aggrieved by a violation of this Section shall have a right of action in a State circuit court against the offending condominium association.

765 ILCS 605/22.2

Amended by P.A. 103-0719,§ 5, eff. 1/1/2025.
Amended by P.A. 098-0463,§ 515, eff. 8/16/2013.
Added by P.A. 096-0228,§ 5, eff. 1/1/2010.
This section is set out more than once due to postponed, multiple, or conflicting amendments.