Illinois § 22.2 Resale approval

Illinois Statutes

§ 22.2 — Resale approval

Illinois § 22.2

TopicRIGHTS AND REMEDIES

Ch. 765PROPERTY

Act 765 ILCS 605/Condominium Property Act.

This text of Illinois § 22.2 (Resale approval) 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. 22.2 (2026).

Text

In the event of a sale of a condominium unit by a unit owner, no condominium association shall exercise any right of refusal, option to purchase, or right to disapprove the sale:

(a)on the basis that the purchaser's financing is guaranteed by the Federal Housing Administration; or (b) for a discriminatory or otherwise unlawful purpose. Any person aggrieved by a violation of this Section shall have a right of action in a State circuit court against the offending condominium association.

Free access — add to your briefcase to read the full text and ask questions with AI

In the event of a sale of a condominium unit by a unit owner, no condominium association shall exercise any right of refusal, option to purchase, or right to disapprove the sale: (a) on the basis that the purchaser's financing is guaranteed by the Federal Housing Administration; or (b) for a discriminatory or otherwise unlawful purpose. Any person aggrieved by a violation of this Section shall have a right of action in a State circuit court against the offending condominium association.

Legislative History

(Source: P.A. 103-719, eff. 1-1-25 .)

Nearby Sections

3

§ 22

§ 22.1

§ 22.2

Resale approval

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Illinois § 22.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/765/22.2.