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HomeIllinois Condo Disclosure Fees: No Private Right of Action Under Section 22.1

Illinois Condo Disclosure Fees: No Private Right of Action Under Section 22.1

The process of selling a condominium unit in Illinois requires sellers to provide buyers with detailed disclosure documents under 765 ILCS 605/22.1 of the Illinois Condominium Property Act. These disclosures provide essential information about the condominium association’s finances, governance, and anticipated capital expenditures. However, disputes