Asked by efish472, Chicago, IL • Wed Jun 18, 2014
I recently purchased a condo at a judicial sales auction in Chicago. Based on the condo act, I know I'm responsible to pay 6 months back assessments and legal fees to the association. However, the statute says the condo association must have initiated legal action to collect the debt against the previous owner. My question is..what is the legal action to collect the debt? Is a lien against the property sufficient? The association has yet to provide any documentation showing they initiated action. Also, is it the most recent 6 months assessments or the 6 months prior to initiating legal action...the condo has been vacant for 5 years to there is a difference between the most recent 6 month period and the one from 5 years ago.
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