Category: Legislation

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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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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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 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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Trust Ownership of a Unit

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 […]

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New Community Association Laws

The 2014 Illinois Legislative Session was quite active for condominium and common interest community associations. Over nineteen (19) pieces of legislation were introduced effecting associations. A total of nine (9) pieces of legislation passed the […]

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Electronic Voting and Notice: The Implications of Public Act 98-1042

Public Act 98-1042 and Implications for Associations This is a summary of the recently adopted Illinois Public Act 98-1042, which makes significant updates to the Illinois Condominium Property Act (765 ILCS 605/1 et. seq., the “Condo Act”) and the […]

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