Tag: Patrick Costello

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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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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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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Clarification on Six Months Rule

APPELLATE COURT PROVIDES SOME CLARITY ON SIX MONTHS RULE Under Section 9(g)(4) of the Illinois Condominium Property Act, a foreclosure purchaser, other than a mortgagee, or a third-party who purchases a foreclosed unit from a […]

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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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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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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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Damage to Common Elements

Unfortunately many associations face difficulties when damages to common elements are discovered. Typically an association is compelled to bear the expenses of fixing or replacing the damaged common element. However, what if the damage is caused by […]

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Removing a Member of the Board

As any person who has served on their association’s board of directors can tell you, it is a thankless job. While you are required to undertake the business of a not-for-profit corporation and assume fiduciary responsibilities to the other unit […]

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