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IL HB5422
Bill
Status
2/4/2010
Primary Sponsor
Elaine Nekritz
Click for details
AI Summary
HB5422 - Condominium Ombudsperson Act
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Creates the Office of the Condominium Ombudsperson within the Department of Financial and Professional Regulation, effective July 1, 2010.
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Ombudsperson shall provide training and educational materials to unit owners and condominium associations on property management, rights, and duties; maintain a statewide toll-free number and website with relevant laws and dispute resolution information.
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Ombudsperson may offer dispute resolution assistance for disputes between unit owners and condominium associations involving condominium property law at no charge.
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Every condominium unit owners' association must pay an annual fee of $3 per unit initially, adjustable annually by the Ombudsperson up to a maximum of $10 per unit based on operational costs; fees fund the Condominium Ombudsperson Fund.
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Board members of condominium associations must certify within 60 days of assuming office that they have read the condominium instruments and this Act; Ombudsperson shall submit annual reports to the General Assembly with workload data and statutory reform recommendations.
Legislative Description
DFPR-CONDOMINIUM OMBUDSPERSON
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/15/2010