Sec. 1-47. Successor developers.
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/il/chapter-765/act-160/1-47A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 1-47. Successor developers. 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.