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Bill

HB 3186

ADVERTISEMENT HOA FEES

104th Regular Session Introduced by Dee Avelar and 1 co-sponsor

HB 3186 mandates Illinois HOAs disclose all fees prominently in property advertisements to increase buyer awareness and reduce post-purchase financial surprises.

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Bill Summary · HB 3186

Legislative bill overview

HB 3186 requires homeowners associations (HOAs) to clearly advertise and disclose all fees to prospective homebuyers before purchase. The bill aims to increase transparency in real estate transactions by mandating that HOA fee structures, assessment schedules, and special levies be prominently displayed in property listings and disclosed documentation.

Why is this important

Hidden or unexpected HOA fees are a common source of buyer remorse and financial hardship for homeowners who discover substantial costs after purchase. Clear upfront disclosure can prevent disputes, reduce litigation, and help buyers make fully informed purchasing decisions about total housing costs.

Potential points of contention

  • HOA opposition: Associations may argue the requirement creates administrative burden and that fees are already disclosed through title work and closing documents
  • Real estate industry concerns: Agents and brokers might resist additional disclosure requirements as duplicative or complicating the sales process
  • Scope ambiguity: Unclear whether "advertisement" applies only to MLS listings, online platforms, or all marketing materials, and how detailed disclosures must be

Compiled from official sources — confirm details with the bill’s official record.

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