Illinois §22.1 · self-managed buildings
Common §22.1 disclosure questions
Everything a self-managed condo board (or a stuck seller) needs to know about Illinois Section 22.1 resale disclosures, in plain English.
- What is a Section 22.1 disclosure in Illinois?
- How long does a condo association have to provide a 22.1 disclosure?
- How much can an association charge for a 22.1 disclosure?
- Who prepares the 22.1 disclosure in a self-managed condo building?
- What documents and statements are in a 22.1 disclosure?
- What is a paid assessment letter for an Illinois condo sale?
- What happens if the association misses the 22.1 disclosure deadline?
- Does a small 2–6 unit self-managed condo building have to comply with Section 22.1?