1 | 1 | | 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2833 Introduced , by Rep. Lindsey LaPointe SYNOPSIS AS INTRODUCED: 765 ILCS 605/3 from Ch. 30, par. 303 Amends the Condominium Property Act. Makes a technical change in a Section pertaining to the submission of property to the provisions of the Act. LRB103 29909 LNS 56321 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2833 Introduced , by Rep. Lindsey LaPointe SYNOPSIS AS INTRODUCED: 765 ILCS 605/3 from Ch. 30, par. 303 765 ILCS 605/3 from Ch. 30, par. 303 Amends the Condominium Property Act. Makes a technical change in a Section pertaining to the submission of property to the provisions of the Act. LRB103 29909 LNS 56321 b LRB103 29909 LNS 56321 b A BILL FOR |
---|
2 | 2 | | 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2833 Introduced , by Rep. Lindsey LaPointe SYNOPSIS AS INTRODUCED: |
---|
3 | 3 | | 765 ILCS 605/3 from Ch. 30, par. 303 765 ILCS 605/3 from Ch. 30, par. 303 |
---|
4 | 4 | | 765 ILCS 605/3 from Ch. 30, par. 303 |
---|
5 | 5 | | Amends the Condominium Property Act. Makes a technical change in a Section pertaining to the submission of property to the provisions of the Act. |
---|
6 | 6 | | LRB103 29909 LNS 56321 b LRB103 29909 LNS 56321 b |
---|
7 | 7 | | LRB103 29909 LNS 56321 b |
---|
8 | 8 | | A BILL FOR |
---|
9 | 9 | | HB2833LRB103 29909 LNS 56321 b HB2833 LRB103 29909 LNS 56321 b |
---|
10 | 10 | | HB2833 LRB103 29909 LNS 56321 b |
---|
11 | 11 | | 1 AN ACT concerning civil law. |
---|
12 | 12 | | 2 Be it enacted by the People of the State of Illinois, |
---|
13 | 13 | | 3 represented in the General Assembly: |
---|
14 | 14 | | 4 Section 5. The Condominium Property Act is amended by |
---|
15 | 15 | | 5 changing Section 3 as follows: |
---|
16 | 16 | | 6 (765 ILCS 605/3) (from Ch. 30, par. 303) |
---|
17 | 17 | | 7 Sec. 3. Submission of property. Whenever the the owner or |
---|
18 | 18 | | 8 owners in fee simple, or the sole lessee or all lessees of a |
---|
19 | 19 | | 9 lease described in item (x) of Section 2, of a parcel intend to |
---|
20 | 20 | | 10 submit such property to the provisions of this Act, they shall |
---|
21 | 21 | | 11 do so by recording a declaration, duly executed and |
---|
22 | 22 | | 12 acknowledged, expressly stating such intent and setting forth |
---|
23 | 23 | | 13 the particulars enumerated in Section 4. If the condominium is |
---|
24 | 24 | | 14 a leasehold condominium, then every lessor of the lease |
---|
25 | 25 | | 15 creating a leasehold interest as described in item (x) of |
---|
26 | 26 | | 16 Section 2 shall also execute the declaration and such lease |
---|
27 | 27 | | 17 shall be recorded prior to the recording of the declaration. |
---|
28 | 28 | | 18 The execution of a declaration required under this Section |
---|
29 | 29 | | 19 by the lessor under a lease as described in item (x) of Section |
---|
30 | 30 | | 20 2 does not make the lessor a developer for purposes of this |
---|
31 | 31 | | 21 Act. |
---|
32 | 32 | | 22 (Source: P.A. 93-474, eff. 8-8-03.) |
---|
33 | 33 | | |
---|
34 | 34 | | |
---|
35 | 35 | | |
---|
36 | 36 | | 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2833 Introduced , by Rep. Lindsey LaPointe SYNOPSIS AS INTRODUCED: |
---|
37 | 37 | | 765 ILCS 605/3 from Ch. 30, par. 303 765 ILCS 605/3 from Ch. 30, par. 303 |
---|
38 | 38 | | 765 ILCS 605/3 from Ch. 30, par. 303 |
---|
39 | 39 | | Amends the Condominium Property Act. Makes a technical change in a Section pertaining to the submission of property to the provisions of the Act. |
---|
40 | 40 | | LRB103 29909 LNS 56321 b LRB103 29909 LNS 56321 b |
---|
41 | 41 | | LRB103 29909 LNS 56321 b |
---|
42 | 42 | | A BILL FOR |
---|
43 | 43 | | |
---|
44 | 44 | | |
---|
45 | 45 | | |
---|
46 | 46 | | |
---|
47 | 47 | | |
---|
48 | 48 | | 765 ILCS 605/3 from Ch. 30, par. 303 |
---|
49 | 49 | | |
---|
50 | 50 | | |
---|
51 | 51 | | |
---|
52 | 52 | | LRB103 29909 LNS 56321 b |
---|
53 | 53 | | |
---|
54 | 54 | | |
---|
55 | 55 | | |
---|
56 | 56 | | |
---|
57 | 57 | | |
---|
58 | 58 | | |
---|
59 | 59 | | |
---|
60 | 60 | | |
---|
61 | 61 | | |
---|
62 | 62 | | HB2833 LRB103 29909 LNS 56321 b |
---|