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Paid Assessment Letter & 22.1 Disclosure Request
In compliance with Illinois Law (Chapter 765, Section 605/22.1 of the Illinois Compiled Statutes), when selling your unit you'll be asked by your lender for a paid assessment letter from the management company.
This letter indicates whether or not all assessments are current. It also reflects any pending charges such as repair costs, fines, legal fees for units in collection, planned special assessments, or liens that the association may have filed against your unit and the amount of the lien.
To request a paid assessment letter for your unit or for a unit you are representing please complete the request form below. Please specify if you have your own 22.1 disclosure form otherwise a standard disclosure form will be used to complete your request.