1010 Lake Shore Association v. Deutsche Bank National Trust Company

Illinois Appellate Court
Civil Court
Condominium Law
Citation
Case Number: 
2014 IL App (1st) 130962
Decision Date: 
Tuesday, August 12, 2014
District: 
1st Dist.
Division/County: 
Cook Co., 2d Div.
Holding: 
Affirmed.
Justice: 
SIMON
(Modified upon denial of rehearing 10/7/14.) Court entered summary judgment for condo association and against Bank which purchased condo unit at judicial sale, and ordered Bank to pay outstanding balance of assessments due, including assessments incurred prior to Bank's purchase of condo unit, and late fees. A lien created under Section 9(g)(1) of Condominium Property Act for unpaid assessments by a previous owner is not fully extinguished after judicial foreclosure and sale until purchaser pays assessments incurred after the sale, to confirm extinguishment of that lien. (PIERCE, concurring; LIU, dissenting.)