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Capitol Chronicle By Jim Covington Director of Legislative Affairs As the General Assembly struggles with the huge issues during overtime session, these bills have been enacted or may become law. Title Insurance Act. House Bill 1319 (Molaro, D-Chicago; Harmon, D-Oak Park) prohibits a lender or producer of title business from requiring a party in the sale of residential real property to get title insurance from a certain company or agent as a condition to receive a loan or receive services of any kind. Passed both chambers.Condominium Property Act. House Bill 1071 (Nekritz, D-Northbrook; Cullerton, D-Chicago) creates minimum standards for community association managers and financial procedures that they must follow. House Bill 1797 (Osterman, D-Chicago; Raoul, D-Chicago) creates statutory remedies for a tenant if the owner fails to give the required notice of intent to convert the property to a condominium. Both bills have passed both chambers.Condominium Property Act. Senate Bill 528 (Cullerton, D-Chicago; Feigenholtz, D-Chicago) amends the section that addresses the minimum voting requirements for taking action by a condominium owner's association in which 30% or less of the condominium units possess 50% or more of the association votes. A unit may not include a garage or a storage unit for the purpose of voting on matters required by the Act or in the condominium instruments. Passed both chambers.Possession during foreclosure. Senate Bill 258 (Crotty, D-Oak Forest; Riley, D-Matteson) allows a tenant to remain in possession during a foreclosure for whichever of these two time periods are shorter: (1) 120 days after service of the notice of the hearing on the supplemental petition; or (2) the duration of the lease. But it requires that the tenant be current on rent and continue to be current on rent. Passed both chambers.Mold Remediation Registration Act. Senate Bill 1257 (Clayborne, D-Belleville; Holbrook, D-Belleville) creates the Mold Remediation Registration Act. It authorizes the Department of Public Health to make rules that require entities that provide mold remediation services to register with the State and provide evidence of financial responsibility. Passed both chambers.Electronic recording. Senate Bill 319 (Haine, D-Alton; Mathias, R-Buffalo Grove) creates the Uniform Real Property Electronic Recording Act. It authorizes county recorders to record electronic documents but to do so in compliance with the standards of the new Illinois Electronic Recording Commission. Passed both chambers.Radon. House Bill 1425 (Reitz, D-Steeleville; Trotter, D-Chicago) creates the Illinois Radon Awareness Act. It requires before the sale of any residential real property that the seller give to the buyer a new statutory form that states the property may present the potential for radon exposure. Exempts seven other kinds of transactions such as under a court order, judicial deed, and from one co-owner to another. Passed both chambers.Uninsured motorists. Public Act 94-1035 (Winkel, R-Champaign; Black, R-Danville) creates an additional penalty of a three-month suspension of driving privileges for a conviction for driving without liability insurance. The privileges may not be reinstated unless a reinstatement fee of $100 is paid. If the driver is found in violation of driving without insurance during this three-month period, his or her driving privileges must be suspended for an additional six months. Effective July 1, 2007.Custodial claims. Senate Bill 481 (Harmon, D-Oak Park; Fritchey, D-Chicago) increases the statutory amounts that may be awarded for caring for a disabled person. But it also allows the court to reduce these amounts to the extent that the living arrangements were intended to and did provide a physical or financial benefit to the claimant. Passed both chambers. |