Sec. 22.2. Resale approval.
85 words·~1 min read·
/il/chapter-765/act-605/22-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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:
(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.