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The Illinois Condo and HOA Law Blog

Board of Directors, Collections, Condo and HOA Assessments, Condominium Document Enforcement, Director and Officer Liability, Illinois Condominium Property Act, Property Managers

A 3 Step Process for Collecting Condominium & HOA Assessments in Illinois Assessment payments are the lifeblood for a community association as these payments are generally the sole source of income for most community associations. The income received from assessment payments is used to fund association

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Adverse Possession, Board of Directors, Construction, Developers, Hoverboards, Illinois Condominium Attorney, Illinois Condominium Lawyer, Illinois Condominium Property Act, Property Managers, Taxes

765 ILCS 160/1-50: 4 Things Every Illinois Common Interest Community Association Board Needs to Know About Developer Turnover Developer turnover is a pivotal phase for any Illinois Common Interest Community Association.  765 ILCS 160/1-50 of the Illinois Common Interest Community Association Act (“CICAA”) governs the requirements

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Board of Directors, Director and Officer Liability, Property Managers

5th Circuit Sets Aside Nationwide CTA Injunction on December 23, 2024: Complete your Corporate Transparency Act filings before January 1, 2025! On December 3, 2024, a federal court in Texas issued a nationwide preliminary injunction in Texas Top Cop Shop, Inc v Garland, No. 4:24-CV-478, 2024

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Board of Directors, Bylaws, Condominium Document Enforcement, Illinois Condominium Property Act, Property Managers

How to Resolve the 5 Most Common Violations of Illinois Condo Bylaws Each condominium association has governing documents which set forth the contractual relationship between the association and the unit owners. One of those governing documents is the condominium bylaws. A condo association’s board of directors

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Board of Directors, Illinois Condominium Attorney, Illinois Condominium Property Act, Property Managers

765 ILCS 605/22.2: Illinois Condo Act Amended to Prohibit Discrimination in Exercising a Right of First Refusal A new year will bring changes to the Illinois Condominium Property Act. On July 19, 2024, the Illinois state legislature enacted IL HB5502 which amends both the Illinois Conveyances

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Board of Directors, Condo and HOA Assessments, Director and Officer Liability, Property Managers

FinCEN appeals nationwide Corporate Transparency Act Injunction: What is the impact on Community Associations? On December 3, 2024, a federal court in Texas issued a nationwide preliminary injunction in Texas Top Cop Shop, Inc v Garland, No. 4:24-CV-478, 2024 WL 4953814, at *37 (ED Tex, December

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