Illinois Compiled Statutes 765 ILCS 605 Condominium Property Act. Section 22.2

    (765 ILCS 605/22.2)

    Sec. 22.2. Resale approval. 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, on the basis that the purchaser's financing is guaranteed by the Federal Housing Administration.

(Source: P.A. 98-463, eff. 8-16-13.)

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Last modified: February 18, 2015