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
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
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
LRB103 29909 LNS 56321 b
A BILL FOR
HB2833LRB103 29909 LNS 56321 b HB2833 LRB103 29909 LNS 56321 b
HB2833 LRB103 29909 LNS 56321 b
1 AN ACT concerning civil law.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Condominium Property Act is amended by
5 changing Section 3 as follows:
6 (765 ILCS 605/3) (from Ch. 30, par. 303)
7 Sec. 3. Submission of property. Whenever the the owner or
8 owners in fee simple, or the sole lessee or all lessees of a
9 lease described in item (x) of Section 2, of a parcel intend to
10 submit such property to the provisions of this Act, they shall
11 do so by recording a declaration, duly executed and
12 acknowledged, expressly stating such intent and setting forth
13 the particulars enumerated in Section 4. If the condominium is
14 a leasehold condominium, then every lessor of the lease
15 creating a leasehold interest as described in item (x) of
16 Section 2 shall also execute the declaration and such lease
17 shall be recorded prior to the recording of the declaration.
18 The execution of a declaration required under this Section
19 by the lessor under a lease as described in item (x) of Section
20 2 does not make the lessor a developer for purposes of this
21 Act.
22 (Source: P.A. 93-474, eff. 8-8-03.)
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
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
LRB103 29909 LNS 56321 b
A BILL FOR
765 ILCS 605/3 from Ch. 30, par. 303
LRB103 29909 LNS 56321 b
HB2833 LRB103 29909 LNS 56321 b