Illinois SB 2125: CONDO-DECONVERSION NOTICE
Status: Rule 3-9(a) / Re-referred to Assignments (as of 2025-04-11)
State: Illinois · Session: 104th · Bill: SB 2125
Sponsors: Mike Simmons
Bill Text
• Illinois General Assembly - Full Text of SB2125 • • • • • • • • • • • • Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. Choose Language English Afrikaans Albanian Arabic Armenian Azerbaijani Basque Bengali Bosnian Catalan Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish French Galician Georgian German Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Hungarian Icelandic Indonesian Interlingua Interlingue Inuktitut Irish Italian Japanese Javanese Kannada Khmer Korean Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malayalam Maltese Maori Marathi Myanmar Nepali Norwegian Odia Pashto Punjabi Romanian Russian Samoan Sango Sanskrit Sardinian Sindhi Sinhala Slovak Slovenian Somali Southern Sotho Spanish Sundanese Swahili Swedish Tamil Telugu Thai Tigrinya Tonga Turkish Ukrainian Urdu Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Powered by Translate Close Illinois General Assembly Top Navigation Bar Translate Learn Select General Assembly Search the 104th General Assembly Enter search terms for legislation, members, committees, or schedules. ILGA.GOV • • LEGISLATION & LAWS • Bills & Resolutions • Public Acts • Illinois Compiled Statutes • Illinois Constitution • Search Legislation • Glossary • Guide • Reports & Inquiry • Legislative Reports • Special Reports • FTP Site • Legislator Lookup • Capitol Complex Phone Numbers • Rules & Regulations • Illinois Register • Administrative Rules • Senate • Members • Schedules • Committees • Request for Remote Testimony • Journals • Transcripts • Rules • Audio/Video • FOIA Information • Senate Employment Opportunities • Media Guidelines • House • Members • Schedules • Committees • Submit testimony for House Committees • Journals • Transcripts • Rules • Audio/Video • FOIA Information • House Employment Opportunities • Log In Mobile Top Bar Search the 104th General Assembly Enter keywords to search the Illinois General Assembly website. Full Text of SB2125 • Home • Legislation • Full Text SB2125 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB2125 Introduced 2/7/2025, by Sen. Mike Simmons SYNOPSIS AS INTRODUCED: 765 ILCS 605/15 from Ch. 30, par. 315 765 ILCS 605/18 from Ch. 30, par. 318 Amends the Condominium Property Act. Provides that a vote to sell the property shall take place at one meeting called for such purpose and may be extended by no more than 24 hours. Provides that notice of the meeting shall be provided 72 hours in advance to all unit owners. Provides that upon an affirmative vote to sell the property, the board shall notify all State and local legislators representing the legislative district in which the property lies of the intent to sign a contract for sale of the property at least 90 days before signing the contract for sale. Provides that the bylaws that include matters subject to the affirmative vote of not less than 2/3 of the votes of unit owners at a meeting called for that purpose must include the investigation and initiation of a bulk sale of the property. LRB104 09818 JRC 19886 b A BILL FOR SB2125LRB104 09818 JRC 19886 b 1 AN ACT concerning civil law. 2 Be it enacted by the People of the State of Illinois, 3represented in the General Assembly: 4 Section 5. The Condominium Property Act is amended by 5changing Sections 15 and 18 as follows: 6 (765 ILCS 605/15) (from Ch. 30, par. 315) 7 Sec. 15. Sale of property. 8 (a) Unless a greater percentage is provided for in the 9declaration or bylaws, and notwithstanding the provisions of 10Sections 13 and 14 hereof, a majority of the unit owners where 11the property contains 2 units, or not less than 66 2/3% where 12the property contains three units, and not less than 75% where 13the property contains 4 or more units
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