Requirements of Condominium Conversion Projects

Illinois Conversion Condominium Projects – Notice of Intent to Convert and Disclosure Requirements By Michael A. Keeton michael.keeton@mhtlaw.com   The Illinois Condominium Property Act (the “Act”) (765 ILCS 605/1 et seq.) contains provisions allowing for the conversion of residential apartments or other income producing property from sole ownership to individually owned condominium units.  However, in…

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