Blog: 2017 LEGISLATIVE UPDATE – Omnibus P.A. 100-0292

2017 LEGISLATIVE UPDATE – Omnibus P.A. 100-0292

  OMNIBUS REVISION TO COMMON INTEREST COMMUNITY ASSOCIATION ACT AND ILLINOIS CONDOMINIUM PROPERTY ACT With the recent votes in the Illinois Legislature, it appears that the current legislative session is […]

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Omnibus House Bill 0189

OMNIBUS HOUSE BILL 0189 With the recent votes in the Illinois Legislature, it appears that the current legislative session has come to a close.   As of July 10, 2017, only one significant piece of community association […]

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Common Area Basics

COMMON AREA ISSUES Most associations have common areas.  These can range from simply a detention pond or two and/or maybe a few subdivision entry signs for a large detached single-family home community on one end of the scale to […]

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New FHA Owner Occupancy Requirements

HUD ANNOUNCES NEW FHA OWNER OCCUPANCY REQUIREMENTS The U.S. Department of Housing and Urban Development (“HUD”), recently published Mortgagee Letter 2016-15, which modified the owner occupancy requirements for condominium […]

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NEW LAW: Clarifying Board of Directors’ Ability to Secure Loans

NEW LAW AMENDING THE CONDOMINIUM PROPERTY ACT CLARIFIES A BOARD OF DIRECTORS’ ABILITY TO SECURE LOANS Public Act 099-0849 was signed into law by Governor Rauner on August 19, 2016.  The new law changes the Condominium Property […]

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The Ombudsperson: 2016 Amendments and Update

THE OMBUDSPERSON:  2016 AMENDMENTS AND UPDATE On August 12, 2016 Governor Rauner signed Public Act 99-0776 which makes several significant changes to the original Ombudsperson Act.  This article will provide quick highlights of […]

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New Chicago Ordinance – Short Term and Vacation Lease Violations

NEW CHICAGO ORDINANCE DETERS OWNERS FROM ENTERING INTO SHORT-TERM AND VACATION LEASES IN VIOLATION OF COMMUNITY ASSOCIATION GOVERNING DOCUMENTS Many, if not most, community association declarations prohibit owners from leasing […]

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Statutory Changes to Board Executive Sessions Taking Effect in 2017

Public Act 099-0567 was signed into law by Governor Rauner on July 15, 2016.  This Public Act made a few significant changes to both the Illinois Condominium Property Act (765 ILCS 605/1 et. seq. and herein referred to as the “Condo Act”) and […]

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NEW LAWS PASSED JULY 15, 2016 AFFECTING COMMUNITY ASSOCIATIONS

On July 15, 2016 Governor Rauner signed two important pieces of legislation for the community association industry. CLOSED PORTIONS OF MEETINGS/EXECUTIVE SESSIONS     P.A. 099-0567 Section 18(a)(9) of the […]

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STOBE: Leasing Restrictions Going Forward

  LEASING RESTRICTIONS AFTER STOBE v. 842-848 WEST BRADLEY PLACE CONDOMINIUM ASSOCIATION Recently, on February 3, 2016, the Illinois First District Appellate Court, Third Division, issued a ruling in the case of Stobe v. […]

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