CONDO-FORECLOSE PAY ASSN FEE Senate SponsorsSen. Susan Garrett-Kwame Raoul House Sponsors(Rep. Elaine Nekritz-Kenneth Dunkin) 7/24/2006SenatePublic Act . . . . . . . . . 94-1049 765 ILCS 605/9from Ch. 30, par. 309Amends the Condominium Property Act. Provides that a purchaser of a condominium unit at a judicial foreclosure sale, or a mortgagee who receives a deed in lieu of foreclosure or a judgment of foreclosure or who otherwise takes possession of a condominium unit pursuant to a court order, must pay the proportionate share of the common expenses for the unit which would have become due in the absence of any assessment acceleration during the 6 months immediately prior to the filing of an action to enforce the collection of assessments.Senate Floor Amendment No. 1 Further amends the Condominium Property Act. Provides that a purchaser of a condominium unit at a judicial foreclosure sale, other than a mortgagee or a purchaser who acquires title from a mortgagee who takes possession of a condominium unit pursuant to a court order, must pay the proportionate share of the common expenses for the unit which would have become due in the absence of any assessment acceleration during the 6 months immediately prior to the filing of an action to enforce the collection of assessments.House Amendment No. 1 Adds reference to:735 ILCS 5/15-1507from Ch. 110, par. 15-1507Amends the Code of Civil Procedure. Provides that a notice of judicial sale must, if the real estate is a condominium, include a statement of unpaid assessments or other charges due and owing. Further amends the Condominium Property Act. Provides that a purchaser of a condominium unit at a judicial foreclosure sale, other than a mortgagee or a purchaser who acquires title from a mortgagee who takes possession of a condominium unit pursuant to a court order, must pay the proportionate share of the common expenses for the unit which would have become due in the absence of any assessment acceleration during the 6 months immediately prior to the filing of an action to enforce the collection of assessments and which remain unpaid by the owner during whose possession the assessments accrued. If the outstanding assessments are paid during any action to enforce the collection of assessments, the purchaser will have no obligation to pay any assessments which accrued before he or she acquired title. Provides that the notice of sale of a condominium unit under a judicial foreclosure, the statement of assessment account issued by the condominium association to the purchaser of a unit from a mortgagee, and the disclosure statement issued to a prospective purchaser shall state that the purchaser of the unit other than a mortgagee shall pay the required assessments and the fees owed, if any.House Amendment No. 3 Amends provisions of the bill stating that the notice of the sale of a condominium unit under a judicial foreclosure shall state that the purchaser of the unit other than a mortgagee shall pay the assessments and the legal fees required in specified parts of the Act. The statement of assessment account issued by the condominium association to a unit owner and the disclosure statement issued to a prospective purchaser shall state the amount of the required assessments and the fees owed, if any, required by specified parts of the Act. 1/20/2006SenateFiled with Secretary by Sen. Susan Garrett 1/20/2006SenateFirst Reading 1/20/2006SenateReferred to Rules 2/1/2006SenateAssigned to Judiciary 2/8/2006SenateDo Pass Judiciary; 008-000-000 2/8/2006SenatePlaced on Calendar Order of 2nd Reading February 9, 2006 2/10/2006SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Susan Garrett 2/10/2006SenateSenate Floor Amendment No. 1 Referred to Rules 2/23/2006SenateSenate Floor Amendment No. 1 Rules Refers to Judiciary 2/24/2006SenateSenate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 008-000-000 2/24/2006SenateSecond Reading 2/24/2006SenateSenate Floor Amendment No. 1 Adopted; Garrett 2/24/2006SenatePlaced on Calendar Order of 3rd Reading February 27, 2006 2/27/2006SenateThird Reading - Passed; 047-000-000 2/27/2006HouseArrived in House 2/27/2006HousePlaced on Calendar Order of First Reading 2/28/2006HouseChief House Sponsor Rep. Elaine Nekritz 2/28/2006HouseFirst Reading 2/28/2006HouseReferred to Rules Committee 3/13/2006HouseAssigned to Judiciary I - Civil Law Committee 3/23/2006HouseHouse Amendment No. 1 Filed with Clerk by Judiciary I - Civil Law Committee 3/23/2006HouseHouse Amendment No. 1 Adopted in Judiciary I - Civil Law Committee; by Voice Vote 3/23/2006HouseDo Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 014-000-000 3/24/2006HousePlaced on Calendar 2nd Reading - Short Debate 3/28/2006HouseSecond Reading - Short Debate 3/28/2006HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/29/2006HouseRecalled to Second Reading - Short Debate 3/29/2006HouseHeld on Calendar Order of Second Reading - Short Debate 3/31/2006HouseFinal Action Deadline Extended-9(b) April 7, 2006 4/3/2006HouseHouse Amendment No. 2 Filed with Clerk by Rep. Julie Hamos 4/3/2006HouseHouse Amendment No. 2 Referred to Rules Committee 4/4/2006HouseHouse Amendment No. 3 Filed with Clerk by Rep. Elaine Nekritz 4/4/2006HouseHouse Amendment No. 3 Referred to Rules Committee 4/6/2006HouseHouse Amendment No. 3 Recommends Be Adopted Rules Committee; 004-000-000 4/7/2006HouseFinal Action Deadline Extended-9(b) April 13, 2006 4/10/2006HouseHouse Amendment No. 3 Adopted by Voice Vote 4/10/2006HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/11/2006HouseAdded Alternate Chief Co-Sponsor Rep. Kenneth Dunkin 4/11/2006HouseThird Reading - Short Debate - Passed 061-050-001 4/11/2006SenateAdded as Chief Co-Sponsor Sen. Kwame Raoul 4/18/2006SenateSecretary's Desk - Concurrence House Amendment(s) 01,03 4/18/2006SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01,03-May 2, 2006 4/27/2006SenateHouse Amendment No. 1 Motion to Concur Filed with Secretary Sen. Susan Garrett 4/27/2006SenateHouse Amendment No. 1 Motion to Concur Referred to Rules 4/27/2006SenateHouse Amendment No. 3 Motion to Concur Filed with Secretary Sen. Susan Garrett 4/27/2006SenateHouse Amendment No. 3 Motion to Concur Referred to Rules 5/2/2006SenateHouse Amendment No. 1 Motion to Concur Rules Referred to Judiciary 5/2/2006SenateHouse Amendment No. 3 Motion to Concur Rules Referred to Judiciary 5/3/2006SenateHouse Amendment No. 1 Motion To Concur Recommended Do Adopt Judiciary; 009-000-000 5/3/2006SenateHouse Amendment No. 3 Motion To Concur Recommended Do Adopt Judiciary; 009-000-000 5/3/2006SenateHouse Amendment No. 1 Senate Concurs 049-007-000 5/3/2006SenateHouse Amendment No. 3 Senate Concurs 049-007-000 5/3/2006SenatePassed Both Houses 6/1/2006SenateSent to the Governor 7/24/2006SenateGovernor Approved 7/24/2006SenateEffective Date January 1, 2007 7/24/2006SenatePublic Act . . . . . . . . . 94-1049