Federal Judge Rules Community Associations Must Comply With Corporate Transparency Act As discussed in a prior article, the Community Associations Institute (“CAI” or the “Plaintiffs”) filed a lawsuit in the Eastern District of Virginia against the Department of Treasury seeking an exemption for community associations from
Federal Court Rules that Corporate Transparency Act is likely Constitutional: Community Associations must comply by January 1, 2025 to avoid $10,000 in potential civil penalties The January 1, 2025 deadline for condominium and homeowners associations to comply with the Corporate Transparency Act is fast-approaching. Community associations
765 ILCS 160/1-40: What Every Homeowners Association Needs to Know About Owner Meetings Community associations play a crucial role in managing community living, ensuring that shared spaces are maintained and that residents abide by community rules. Effective governance hinges on active participation from homeowners, particularly during
Understanding Owner Restrictions on Limited Common Elements: Key Legal Guidance for Illinois Community Associations In some community associations, a unit owner may wonder whether they can modify a limited common element which the unit owner exclusively uses. An Illinois appellate court has provided an answer to
Political Signs in Community Associations: Balancing Free Speech and Bylaws As election day nears, it is common for owners in a community association to begin displaying political signs. For unit owners, the erection of a political sign can be seen as an invocation of their freedom
Illinois Court Rules that Unit Owner Lacked Standing to Bring Construction Defect Claims Against Condo Developer Construction defects are a frequent problem in new construction condominiums in Illinois. When the developer’s appointees control the board of directors, they rarely will take action to hold the
