IL HB2844

Amends the Condominium Property Act to reduce the timeframe for unit owner associations to furnish required resale information from 30 days to 5 business days when requested in writing.

Caps the fee that associations can charge unit sellers for providing and copying resale information at $100, limited to direct out-of-pocket costs.

Corrects grammatical error by changing "attorneys" to "attorney's" in the section describing liability for unit owners who fail to inform the Board of Managers about recorded mortgages or trust deeds.