What You Need to Know About an Illinois Condominium Deconversion

2 years ago

There are certain circumstances where the best interests of a condominium is to change from a condominium structure to a…

Illinois Condominium Lien Property: What Encumbrances Does a Condo Lien Have Priority Over Under 765 ILCS 605/9(g)?

3 years ago

The Illinois Condominium Property Act, 765 ILCS 605/1 et seq. outlines the process for a condominium association to record a…

Home-Based Business Restrictions in Illinois Condo Associations

3 years ago

One of the lasting effects of the COVID-19 pandemic is an increase in home based businesses in condominium and homeowners…

Pool Regulations in Common Interest Communities in Illinois

3 years ago

Many condominium and other common interest communities throughout Illinois have pools as part of the amenities for their members. Due…

What You Need to Know About Parking Issues in an Illinois Condo or Common Interest Community Association

3 years ago

Parking in an Illinois condominium or common interest community association setting can create many different issues for a board. Community…

HOA Developer Turnover: How to Transfer an Illinois HOA From a Developer to The Owners

3 years ago

Whenever a new condominium or common interest community is created, there needs to be a transfer of control of the…

A Guide to Collecting Delinquent Illinois Condo and HOA Assessments

3 years ago

Condominium and homeowners associations throughout Illinois are frequently forced to deal with owners have not paid assessments or fines levied…

What You Need to Know About Short-Term Rentals in Illinois Condominiums

3 years ago

Illinois condominium associations have been forced to deal with an increase in short-term rentals over the past 10 years with…

How to Transfer an Illinois HOA from a Developer to the Owners

3 years ago

Whenever a new condominium or common interest community is created, there needs to be a transfer of control of the…

Wall Street Journal Interviews Kevin Hirzel on New Fannie Mae and Freddie Mac Condo Lending Guidelines

3 years ago

Fannie Mae and Freddie Mac recently implanted new condo lending guidelines in early 2022 in response to the Surfside condominium…