Property Ownership
In Illinois, a condominium unit owner who falls behind on assessments may have their unit subject to a lien by:
AThe city or county government
BThe condominium association under the Illinois Condominium Property Act✓ Correct
CThe mortgage lender who holds the unit mortgage
DIDFPR on behalf of the association
Explanation
Under the Illinois Condominium Property Act, a condominium association may place a lien against a unit owner's unit for unpaid assessments, fees, or charges. This lien can be foreclosed in the same manner as a mortgage lien, providing the association a powerful enforcement mechanism for collection.
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