What is the law regarding homeowner associations in IL?
Anonymous Aug 25th, 2007 The seller of the house is generally obligated to disclose the association. If he didn’t then you have recourse against the seller. However, that does not get you out of the HOA obligations. The fact that there is an HOA is an encumbrance that is attached to the title and filed with the county recorder. The law presumes that you have knowledge of it because it is a public record. What can you do? You can sue the seller and rescind teh contract. You can possibly sue the seller for damages and collect the costs of the HOA dues. But if you keep the house you are obligated to pay the HOA. Like (OhLook – IamNoLongerAnonymous likes this.) • Report No comments. Post one | Permalink Comments Add a comment… • ad_client = “ca-answerbag_html”; num_ads = “4”; type = “text”; channels = “S_200x200,W_Ask,P_Question,Users_Unregistered,C_Legal,Test_3”; class_name = “question_ads”; hints = “Legal”; category_title = “Legal”; print_google_ad(1, num_ads, type, channels, ad_client
