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

Seminars & Events

Tue Aug 17 @12:00PM - 01:15PM
Top Ten Mistakes to Avoid with Agents, Vendors, and Contractors
July 2021
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