Legislation

Illinois Condo Property Act Quick Find Index

outside view of a condo with balcony

All Illinois condominium associations are subject to the Illinois Condominium Property Act.

View the Illinois Condominium Property Act

 

Quick Reference Guide

Are you looking for a specific topic within the Illinois Condominium Property Act? Utilize our quick reference guide below to find the section you are looking for.

Topics & Sections

  • Absentee Ballots – Section 4.1 (c)
  • Accounting – Unit owner’s right to received statement of account – Section 18 (i)
  • Additions and Alterations to Assessments – Section 18 (a) 8 (v)
  • Amendment of Declaration (procedure) – Section 27
  • Assessment Increase – Section 18 (a) (8)
  • Association – Governed by General Not For Profit Act even if not incorporated – Section 18.3
  • Association – Purchase or Sale of Units – Section 18 (b)(13)(iii)
  • Association Records – Unit owner’s right to inspect – Section 19
  • Board Member Conflict of Interest – Section 18(a)(16)
  • Board powers and duties – Section 18(a)(2)
  • Board Removal – Section 18(a)(4)
  • Budgets & Reserves – Section 9 (c)
  • Condominium Disclosures – Section 22.1
  • Duties of Board – Section 18(a)(2)
  • Election of Board – Number, Term & Eligibility – Section 18(a)(1)
  • Election – Proxies – Section 18(a)(18)
  • Foreclosures – Section 9
  • Homeowner Associations – Section 18.5, 18.6 and 18.7
  • Homeowner (documents entitled to) – Section 19
  • Insurance – Section 12
  • Insurance – Duty of owner to submit proof of Insurance to the Board – Section 12(h)
  • Late Charges – Section 9(g)(1)
  • Master Association – Section 18.5, 18.6 and 18.7
  • Meeting Notice – Section 18(a)(8)(i)
  • Officers’ Terms – Two Years – 18 (a) (11)
  • Open Meetings – Section 18 (a) (9)
  • Parking Spaces – Section 2 (s)
  • Special Assessments – Meetings & Notice – Section 18(a)(8)(i)
  • Townhome Associations – Section 18.5, 18.6 and 18.7

Additional Legislation for Community Associations

Are you looking for additional information on community association legislation? Browse the resources below to find more information on licensing, discipline, civil procedure, transfer fees, and more.

Get to Know Our Partners

Diamond Partners
Wintrust Community Advantage branding

We were made to serve community associations. For more than two decades, we've been committed to helping associations reach their financial goals with an unmatched level of service.

Learn More

Diamond Partners
Itasca Bask & Trust Co branding

We serve community associations of all sizes throughout the Chicagoland area. We provide common element repair financing to associations as small as six-units as well as to large high-rise communities and sprawling city or suburban townhome associations.

Learn More