Blog: Ombudsperson Act deadline – January 1, 2019

Ombudsperson Act deadline – January 1, 2019

  DEADLINE APPROACHING FOR OMBUDSPERSON ACT – JANUARY 1, 2019 As stated in our “The Ombudsperson: 2016 Amendments and Updates” article, by Governor Rauner’s signing of Public Act 99-0776, several changes were made to […]

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Collecting Assessments from Condominium Units In Foreclosure

  CONDOMINIUM UNITS IN FORECLOSURE DURING A RISING REAL ESTATE MARKET In 2017, Illinois had the fourth highest rate of foreclosure filings in the United States. While the overall number of foreclosures being filed is […]

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Update to Condominium Rules and Regulations

  TIME TO UPDATE RULES AND REGULATIONS REGARDING CONDOMINIUM ASSOCIATION RECORD REQUESTS AND USES FOR COMMERCIAL PURPOSES With the adoption of Public Act 100-0292, which will take effect on January 1, 2018, […]

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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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