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What to Watch Out for When Deconverting Illinois Condos

11.28.2018

1 minute read

What to Watch Out for When Deconverting Illinois Condos

Daniel Bronson and Courtney Mayster, principals in the firm's Real Estate group, authored an article for Law360 that discusses Chicago's condominium deconversion trend and provides a legal overview of Section 15 of the Illinois Condominium Property Act. They analyze key aspects of purchase and sale contracts in condominium deconversion transactions, as well as pending legislation that could significantly affect the sale process.