Westmont — Ch. 19 Condominium Conversions § 19-2

For the purposes of this chapter, the following words and phrases shall have the meanings ascribed to them by this section. To the extent not set forth in this section, the definitions set forth in chapter 95 (Zoning), article XVII (Definitions) of this Code or the Condominium Property Act (765 ILCS 605/1 et seq.) shall apply for purposes of this chapter:
Agent: Any person, firm corporation, association, joint venture or any other entity or any combination thereof who represents or acts for or on behalf of an owner and/or developer on the sale or offer for sale of any condominium unit, excepting an escrow officer acting for a title company.
Association or unit owners' association: The association of all the condominium unit owners, acting pursuant to bylaws through its duly elected board of managers/directors.
Building: All structures, attached or unattached, containing one or more dwelling units.
Certificate of code compliance (full): A written instrument issued by the village as evidence of a condominium project's compliance with the requirements of this chapter.
Certificate of code compliance (partial): A written instrument issued by the village, as evidence that common elements or a individual condominium units are in compliance with this chapter.
Closing: The act of transferring ownership of a condominium unit to the purchaser from the owner and/or developer.
Code inspection report: A written report issued by the village as evidence that all condominium units and common elements in a condominium project have been inspected for compliance with all applicable zoning, building and/or other life safety code standards of the village.
Common elements or common areas: All portions of the property except the condominium units, including limited common elements unless otherwise specified.
Condominium: A form of property ownership established pursuant to the Condominium Property Act.
Condominium conversion compliance schedule: The schedule referenced in subsection 19-11 (c)(1) below.
Condominium project: The sale of or plan by an owner and/or developer to sell or offer for sale residential condominium units, commercial condominium units, or business condominium units, or any combination thereof, in an existing building or any modification or reconstruction of an existing building.
Condominium Property Act: The Illinois Condominium Property Act (765 ILCS 605/1 et seq.).
Condominium unit or unit: A part of the property designed and intended for any type of independent use.
Conversion, convert or like words: The offering for sale by an owner and/or developer or their agent of a condominium unit in a "conversion condominium", as defined in the Condominium Property Act.
Developer: Any person or entity who/which undertakes to develop a condominium unit or building by conversion, as further defined in the Condominium Property Act.
Director: The director of economic development or authorized representative.
Limited common elements: A portion of the common elements so designated in the declaration as being reserved for the use of a certain condominium unit or units to the exclusion of other condominium units, including, but not limited to, balconies, terraces, patios and parking spaces or facilities.
Offering: Any inducement, solicitation, advertisement or announcement to encourage the purchase of a condominium unit in a condominium project or prospective condominium project.
Owner: The title holder of property being converted to a condominium.
Parking space : A space dedicated exclusively to the location or storage of a motor vehicle which meets the requirements of Chapter 95 , Article IX of this Code.
Person: A natural individual, corporation, partnership, trustee or other legal entity capable of holding title to real property.
Property: All the land, property and space comprising the parcel, all improvements and structures erected, constructed or contained therein or thereon, including the building and all easements, rights and appurtenances belonging thereto, and all fixtures and equipment intended for the mutual use, benefit or enjoyment of the condominium unit owners, submitted to the provisions of the Condominium Property Act.
Prospective purchaser: A person who investigates the condominium project site for the purpose of the possible purchase of one or more condominium units.
Cross reference-- Definitions generally, § 1-2 .