Amends the Condominium Property Act.Illinois · HB 486 · Last action Jan 10, 2017Amends the Condominium Property Act. Defines "regular monthly assessments". Provides that following a foreclosure sale, consent foreclosure, common law strict foreclosure, or the delivery of a deed in lieu of foreclosure, the mortgagee shall have the duty to pay to the association all moneys due to satisfy the lien held by the association, except for the 9…Latest action: Session Sine DieFailed
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