Bill Text: IL SB2892 | 2013-2014 | 98th General Assembly | Engrossed

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Bill Title: Amends the Condominium Property Act. Provides that unless it is approved by a unit owner percentage vote of not less than 75% of the total in the aggregate in interest of the undivided ownership of the common elements following the election of the first unit owner board of managers, a provision in the condominium instruments is against public policy and unenforceable if it restricts the right of a board to represent the association in legal matters which affect the common elements or more than one unit by requiring consent of a percentage of unit owners, requiring arbitration, requiring mediation prior to the filing of an action in a court of competent jurisdiction, or restricting or delaying the board's ability to bring an action affecting the common elements or more than one unit in a court of competent jurisdiction and to demand a trial by jury.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Failed) 2015-01-13 - Session Sine Die [SB2892 Detail]

Download: Illinois-2013-SB2892-Engrossed.html



SB2892 EngrossedLRB098 12652 HEP 50601 b
1 AN ACT concerning civil law.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Condominium Property Act is amended by
5adding Section 18.8 as follows:
6 (765 ILCS 605/18.8 new)
7 Sec. 18.8. Common elements; rights of board.
8 (a) Except as provided in subsection (b) of this Section, a
9provision in the condominium instruments is against public
10policy and unenforceable if it restricts the right of a board
11to represent the association in legal matters which affect the
12common elements or more than one unit by:
13 (1) requiring consent of a percentage of unit owners;
14 or
15 (2) requiring arbitration; or
16 (3) requiring mediation prior to the filing of an
17 action in a court of competent jurisdiction; or
18 (4) requiring any combination of items (1) through (3)
19 of this subsection (a); or
20 (5) restricting or delaying the board's ability to
21 bring an action affecting the common elements or more than
22 one condominium unit in a court of competent jurisdiction
23 and to demand a trial by jury.

SB2892 Engrossed- 2 -LRB098 12652 HEP 50601 b
1 (b) A provision in the condominium instruments which would
2otherwise be unenforceable under this Section may be enforced
3if it is approved by a unit owner percentage vote of not less
4than 75% of the total in the aggregate in interest of the
5undivided ownership of the common elements following the
6election of the first unit owner board of managers.
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