Blog: PRESS RELEASE Senate Bill 1374 Signed Into Law: Developers’ Loophole Closed

PRESS RELEASE Senate Bill 1374 Signed Into Law: Developers’ Loophole Closed

Senate Bill 1374 Signed Into Law: Developers’ Loophole Closed On July 14, 2015, Governor Rauner signed Senate Bill 1374 (Public Act 99-0041), which was sponsored by Senator Mike Hastings and Representative Kelly Burke, and authored […]

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Insurance Requirement Changes in the Condominium Property Act

IT’S JULY, DO YOU KNOW IF YOUR INSURANCE COMPLIES WITH ILLINOIS LAW? As of June 1, 2015, all condominium associations were required to have insurance consistent with recent changes to Section 12 of the Condominium Property Act. […]

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The Return of Leasing and Restrictions at Associations

 THE RETURN OF LEASING AND RESTRICTIONS AT ASOCIATIONS As Illinois and the rest of the nation recovers from the crash of the residential real estate market, the issue of leasing restrictions has, again, arisen. Many associations […]

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Which Six Month Rule Applies?

CONDOMINIUMS vs. COMMON INTEREST COMMUNITIES A common source of confusion among property managers, association boards, and even attorneys is how to calculate the amount of charges that must be a paid by a third-party buyer (i.e., […]

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Does the Property Management Agreement meet the Association’s needs?

A FEW SIGNIFICANT ISSUES TO FOCUS ON IN CONDOMINIUM, HOA and TOWNHOME ASSOCIATION PROPERTY MANAGEMENT AGREEMENTS One of the most important individuals involved in keeping many condominium, homeowner and townhome associations going […]

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Summer Pool Fun and the Fair Housing Act

  SUMMER FUN AT THE COMMUNITY POOL: DO WE REALLY NEED TO THINK ABOUT THE FAIR HOUSING ACT? Spring is finally here and Memorial Day, the unofficial kick-off to summer, is just around the corner. The lead […]

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The Ombudsperson Act

THE OMBUDSPERSON: COMING SOON TO A STATE NEAR YOU  On December 29, 2014, outgoing Governor Pat Quinn signed into law the Condominium and Common Interest Community Ombudsperson Act, following its passage during veto session. With […]

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Implementing Electronic Voting/Notices

How to implement electronic voting and notices within your association Public Act 98-1042 took effect on January 1, 2015. This Public Act contains changes to both the Illinois Condominium Property Act (“Condominium Act”) and […]

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Are Pre-Bankruptcy Assessments Recoverable?

Collection of Pre-Bankruptcy Association Assessments . . . It Can be Done When a homeowner in an association files for chapter 7 federal bankruptcy protection, bankruptcy law triggers certain rights and responsibilities for that […]

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Interior Damage…Who Is Responsible?

Interior Damage to Townhome Units One of the common questions we receive from townhome associations is regarding damage to the interior of a townhome unit resulting from a roof leak or ice damming that causes water to infiltrate […]

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