Q. What sorts of mortgagee approvals are used and needed as stated in the following excerpt? (See within the double quotations):

The IL Condo Act states:

27. (a) If there is any unit owner other than the developer, the condominium instruments shall be amended only upon the affirmative vote of 2/3 of those voting or upon the majority specified by the condominium instruments, together with the approval of any mortgagees required under the provisions of the condominium instruments, ""except in cases where this Act provides different methods of amendment or with respect to property whose declaration is recorded on or after July 1, 1984,""

A. The portion of the Act that you are quoting is incomplete.  The complete text is as follows:

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"Ask the Expert"

A condo owner who is delinquent on assessment payments has not provided a current address. How do we pursue payment?

Q. I am the President of self managed condo association.  We have a total of 6 units, two of which are rented out by the owners.  One of the non-resident owners has not left an address with us and is now behind 5 months total in assessments.

How do we handle theft of condo funds?

Q: We recently discovered that our condominium association bank account was carrying a negative balance. After doing some research on the account it was discovered that the board President withdrew all the funds on the account for personal use.