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 certain changes contained in P.A. 99-0776. Registration of Community Associations Critical to all associations, the requirement that all common interest communities and […]
IT’S NEVER A BAD TIME TO REVIEW YOUR DELINQUENCIES With the budgeting and annual meeting season in the rear-view mirror and with the opening of pool season still a couple of months away, now is the time to review your association’s assessment delinquencies. There’s never a bad time to review delinquencies, but this is a […]
On December 3rd, the Illinois Supreme Court issued an opinion confirming the holding of the First District Appellate Court in the case of 1010 Lake Shore Association vs. Deutsche Bank National Trust Company. If you are reading this article, you probably know the facts of this case already. If not, in a nutshell, the case […]
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 by Douglas Sury of Keay & Costello, P.C., as a member of the Association of Condominium, Townhouse and Homeowners Association’s […]
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. Public Act 98-0762, which was signed by former Governor Quinn on July 16, 2014, became law June 1, […]
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 up to Memorial Day usually means two things for community associations: 1.Time to get the pool ready, and […]
For those of you who live in a condominium, townhome or single family community association that was built during the last development boom, you may find that where you now live doesn’t look exactly as you expected it to when you first made your decision to buy. Vacant lots, unfinished units, foundations poured (but no […]
Fiduciary Obligation to Collect Assessments, Use of the Forcible Entry and Detainer Act and its Impact upon Associations While few take pleasure in pursuing their neighbors, friends, colleagues, etc. for the collection of assessments, associations and their duly elected board members are charged with the duty of doing just that. By volunteering to become a […]
Question: How does a trust effect the ownership of a unit? Who represents the unit when the trust has not yet been settled and there are multiple heirs? First, not all trust agreements are the same. There are land trusts, which are vehicles used by owners to keep their personal interest in the property private. […]
RULES AND REGULATIONS: HOW ARE THEY CREATED? HOW ARE THEY ENFORCED? I. What are they? While the adoption of rules and regulations is not required of any community association in Illinois, most find it advantageous to do so. As compared to the declaration, which creates/establishes the condominium or common interest community, and the bylaws, which […]
