October 2022

Construction Defects & Developer Turnover October 12, 2022

Illinois Court Orders Developer to Pay Condo Assessments on Unfinished Units

Assessments (or dues) provide the lifeblood for condominium associations so that they can provide necessary services to the unit owners within the association, including the maintenance of common areas such as roads, sidewalks, parking areas, utilities, and elevators. In most condominium associations, the only source of revenue to pay for common elements are these assessments, so when certain unit owners…
Read More →