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Condo 22.1 Packet Illinois
765 ILCS 605/22.1 Disclosure Kit for Self-Managed Boards
765 ILCS 605/22.1 Illinois Condominium Property Act

Illinois 22.1 Disclosure Packets for Self-Managed Condo Boards

When an owner sells their unit, Illinois law requires your volunteer board to furnish a 10-item statutory disclosure packet within 10 business days.

Our 22.1 Starter Kit ($49) provides the exact fillable templates for the statements your board must write, guidance notes for capital expenditures, and an assembly checklist.

Based on 765 ILCS 605/22.1 Derived from the official text of the Illinois Condominium Property Act.
10-Business-Day Rule Strict statutory deadline skipping weekends and legal federal holidays.
Recoup Your Cost State law lets your association charge the seller up to $375 for the packet.
Get the 22.1 Starter Kit — $49 Free 10-Day Deadline Tool →
The Reality for Volunteer Boards

Why Preparing a 22.1 Packet Is Stressful

1. A Tight 10-Business-Day Deadline Illinois law gives you just 10 business days from the written request. If you miss the deadline, the buyer can delay closing or potentially terminate the purchase agreement.
2. Tough to Know What’s Required Condo statutes are dense and confusing. Volunteer board members often have to spend hours guessing which documents are required versus optional.
3. Hard to Format from Scratch Half the packet isn't sitting in a folder—it consists of factual statements (unit accounts, capital allocations, litigation status) that must be drafted fresh for that specific unit.
4. Real Legal Exposure Disputes over anticipated capital expenditures and undisclosed upcoming repairs are among the most common sources of post-sale lawsuits against Illinois condo boards.
Built for Self-Managed Buildings (No Software Onboarding):

Portals like HomeWiseDocs or CondoCerts require account registrations, recurring setups, and are built for corporate property managers. Our kit requires no software accounts or subscriptions: you get the Illinois-specific templates immediately, fill in your numbers, and deliver your packet.

The 10 Required Disclosure Items (765 ILCS 605/22.1)

What your board must include in every resale packet:

Use the free deadline calculator →
Part 1: Statements Your Board Must Write for the Unit (7 Items)
1. Unit Account Balance & Liens Statement 765 ILCS 605/22.1(a)(2)

Itemizes unpaid monthly dues, special assessments, late fees, and whether any lien is recorded against the unit.

Important: Specify whether regular monthly assessments are paid through the current month.
2. Anticipated Capital Expenditures Statement 765 ILCS 605/22.1(a)(3)

Capital projects anticipated by the association in the current fiscal year or next 2 fiscal years.

Important: Most litigated item in Illinois condo resales. Disclose projects discussed by the board even if not yet voted on.
3. Reserve Fund Status & Earmarks Statement 765 ILCS 605/22.1(a)(4)

Current capital reserve account balance and whether any funds are earmarked for specific upcoming repairs.

4. Pending Lawsuits & Judgments Statement 765 ILCS 605/22.1(a)(6)

Status of any pending court cases or money judgments involving the association.

Important: If the association has an active lawsuit, have association legal counsel review this statement before sending.
5. Insurance Coverage Statement 765 ILCS 605/22.1(a)(7)

Summary of building property, liability, and directors & officers (D&O) coverage.

6. Improvements & Alterations Compliance Statement 765 ILCS 605/22.1(a)(8)

Good-faith certification that unit alterations or improvements made by the owner comply with condo rules.

7. Designated Notice Officer Contact Sheet 765 ILCS 605/22.1(a)(9)

Legal name, title, and official mailing address of the board officer or agent designated to receive notices.

Part 2: Existing Association Records You Attach (3 Items)
8. Declaration, Bylaws, & Rules 765 ILCS 605/22.1(a)(1)

Current declaration, bylaws, and house rules, including all recorded amendments.

9. Prior Year Financial Statement 765 ILCS 605/22.1(a)(5)

The year-end financial statement (balance sheet & income/expense) for the last completed fiscal year.

10. Association Collection Policy 765 ILCS 605/22.1(a)(10)

Written policy outlining payment due dates, late fees, notice schedules, and 30-day statutory demand rules.

Statutory rule: Mandatory for all packets delivered on or after January 1, 2027.
Digital Download • $49 One-Time

What’s in the 22.1 Starter Kit

Delivered immediately at checkout. Includes editable Word (.docx), Google Docs, and PDF formats.

1. Fillable Statement Templates

Ready-to-fill templates for all 7 statements: Unit Account & Liens, Anticipated Capital Expenditures, Reserve Funds, Litigation, Insurance Summary, Alterations Compliance, and Designated Notice Officer Sheet.

2. Plain Guidance Notes

Clear instructions embedded inside the capital expenditures and litigation templates explaining what must be disclosed and when to consult association counsel.

3. Assembly Guide & Collection Policy

A 10-item completeness manifest, freshness checklist (insurance certs, financials, reserves), and a ready-to-adopt Collection Policy template for the upcoming 2027 statutory rule.

Get the 22.1 Packet Starter Kit

Everything your board needs to furnish a complete, statutory Section 22.1 disclosure packet.

Your association can recoup this cost: Under 765 ILCS 605/22.1(c), Illinois law permits your condo board to charge the selling owner up to $375 for preparing this disclosure packet (plus an optional $100 rush fee). This starter kit is a one-time $49 cost to the board.
Purchase 22.1 Starter Kit — $49
Instant digital download • Fillable Word & Google Docs • 14-day refund policy
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✓ 14-day, no-questions-asked refund policy.

Statutory Notice & Disclaimer

This service provides document templates, deadline calculation utilities, and informational assembly guides derived strictly from the statutory text of Section 22.1 of the Illinois Condominium Property Act (765 ILCS 605/22.1). This site and its starter kit do not constitute legal advice and do not create an attorney-client relationship. Volunteer boards facing pending litigation, foreclosure proceedings, complex special assessment disputes, or unusual mechanics liens should consult association legal counsel before delivering statutory disclosures.