Illinois Statutes
§ 1-47 — Successor developers
Illinois § 1-47
JurisdictionIllinois
TopicRIGHTS AND REMEDIES
Ch. 765PROPERTY
Act 765 ILCS 160/Common Interest Community Association Act.
Art.Article 1 - Common Interest Community Association Act
This text of Illinois § 1-47 (Successor developers) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
765 Ill. Comp. Stat. 1-47 (2026).
Text
Any assignment of a developer's interest in the property is not effective until the successor:
(i)obtains the assignment in writing; and (ii) records the assignment.
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Legislative History
(Source: P.A. 99-569, eff. 1-1-17 .)
Nearby Sections
15
§ 1
§ 1§ 1-1
Short title§ 1-10
Applicability§ 1-15
§ 1-15§ 1-20
§ 1-20§ 1-25
§ 1-25§ 1-40
Meetings§ 1-45
Finances§ 1-47
Successor developers§ 1-5
Definitions§ 1-50
§ 1-50§ 1-55
Fidelity insuranceCite This Page — Counsel Stack
Bluebook (online)
Illinois § 1-47, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/765/1-47.