22.1 Disclosure Form - Section 22.1 of the illinois condominium property act outlines the manner in which these disclosures are to be made. To successfully comply with illinois law, a 22.1 disclosure must include: Anyone who has ever purchased or sold a condo in illinois understands that there are certain disclosures about the condominium and the condominium association that must be made by the seller. Find out the deadlines, consequences, and legal resources for 22.1 disclosures. Condominium/townhome resale and disclosure form (to be completed by officer or managng agent of the association) in compliance with illinois law (chapter 765, section 605/22.1 of the illinois compiled statutes) the (strike one) (board of managers of the condominium association) (the designated managing agent) for the. This document must be provided by the seller of the unit and contain specific information about the property and the homeowners association (hoa) that governs it. Web in practice, it refers to the condominium documents and information that the condo association or management company must present to the prospective purchaser upon request. Web learn what information and paperwork sellers must provide to prospective buyers of condominium, homeowner, or townhome units in illinois. Web act 221 disclosure form. Web a 22.1 disclosure is a document sellers must provide to prospective buyers of a unit in a condominium, common interest community, or other planned communities in illinois.
Find out the deadlines, consequences, and legal resources for 22.1 disclosures. Anyone who has ever purchased or sold a condo in illinois understands that there are certain disclosures about the condominium and the condominium association that must be made by the seller. To successfully comply with illinois law, a 22.1 disclosure must include: Web in practice, it refers to the condominium documents and information that the condo association or management company must present to the prospective purchaser upon request. This document must be provided by the seller of the unit and contain specific information about the property and the homeowners association (hoa) that governs it. Section 22.1 of the illinois condominium property act outlines the manner in which these disclosures are to be made. Web a 22.1 disclosure is a document sellers must provide to prospective buyers of a unit in a condominium, common interest community, or other planned communities in illinois. Web hoas in illinois can use this 22.1 disclosure form to disclose important information to prospective buyers. Condominium/townhome resale and disclosure form (to be completed by officer or managng agent of the association) in compliance with illinois law (chapter 765, section 605/22.1 of the illinois compiled statutes) the (strike one) (board of managers of the condominium association) (the designated managing agent) for the. Web act 221 disclosure form. Web learn what information and paperwork sellers must provide to prospective buyers of condominium, homeowner, or townhome units in illinois.