Illinois Bylaws of Condominium

State:
Multi-State
Control #:
US-AR-B1039
Format:
Word; 
Rich Text
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Description

The following By-Laws have been adopted to govern the affairs of the project described in the master deed of the owners. The form also contains defintions of the words and terms used in the document.
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FAQ

Most commonly, the Condominium Act applies when residential units are vertically stacked on top of each other in a building, however, there are town home associations that are submitted to the Condominium Act, in which case it would apply.

Call the Toll Free Number You may call the CCIC Ombudsperson on its toll free number at 844.856. 5193.

The Condo Rules clarify the legal mechanisms for ascertaining ownership of a condominium unit as well as for transferring ownership to subsequent owners. The 'legal owner' is the person whose name is on the condominium registration certificate issued by the Condominium Registrar (rule 41 of the Condo Rules).

There are two methods for amending a condo declaration and bylaws: the vote of owners at a meeting or the written consent of the owners. The amendment provisions of your document should specify the required method. The meeting approach requires the board to distribute a ballot and proxy.

As mentioned above, the vote approving dissolution by the members of the HOA is only one of the steps in the process of dissolving an HOA. In general, a filing with the Secretary of State is generally required to show the legal formality of the dissolution.

The Illinois Condominium Property Act provides the framework for the creation and governance of condominium associations. Condominium associations may choose to incorporate as Illinois not-for-profit corporations, pursuant to Section 18.1 of the Act, but are not required to do so.

Therefore, if you need legal advice, we encourage you to consult an attorney of your choice. Which Law Governs My Association? Most homeowners associations are governed by either the Illinois Condominium Property Act or the Illinois Common Interest Community Association Act.

Registration with the HLURB. - Every association of homeowners shall be required to register with the HLURB. This registration shall serve to grant juridical personality to all such associations that have not previously acquired the same by operation of the General Corporation Law or by any other general law.

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Illinois Bylaws of Condominium