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Illinois · Through at least Public Act 104-790

765 ILCS 605/3: Submission of property.

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Where this section sits in the code
  1. CHAPTER 765 PROPERTY
  2. Condominium Property Act.

Whenever the owner or owners in fee simple, or the sole lessee or all lessees of a lease described in item (x) of Section 2, of a parcel intend to submit such property to the provisions of this Act, they shall do so by recording a declaration, duly executed and acknowledged, expressly stating such intent and setting forth the particulars enumerated in Section 4. If the condominium is a leasehold condominium, then every lessor of the lease creating a leasehold interest as described in item (x) of Section 2 shall also execute the declaration and such lease shall be recorded prior to the recording of the declaration.

The execution of a declaration required under this Section by the lessor under a lease as described in item (x) of Section 2 does not make the lessor a developer for purposes of this Act.

Collected 2026-09-15T04:46:45Z. Source file · JSON

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