Q. We have an owner who is selling his unit and has asked the board for documents.

Can the board require a copy of the sale contract prior to providing the documents the owner has requested?


A. In general, a sale contract must be provided to the board when the association’s governing documents include a Right of First Refusal. This is a term often misunderstood by condo boards. The ROFR states that

This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.

Search Articles...

Membership Plans

Subscribe to the Chicago Condo Resource to access our Members Only Content.

Subscribe to Newsletter

January 2022
S M T W T F S
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31