15 is a provision that’s been in the

statute for quite some time and I’m not

sure I’ve never done any legislative

history to determine why the legislators

in Illinois decided to put this in there

and it was never really used but it’s a

provision that allows a deconversion of

the building from a condominium building

back into fee simple ownership so for

example if you had a 200 unit

condominium building

and someone successfully pursued a

section 15D conversion

they are essentially removing the

condominium declaration from the county

recorder’s records and deconverting the

building from Condominiums back into fee

simple ownership which merges the

building which is personal property into

the underlying fee which creates 200

apartment units versus 200 condominium

units