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Condo and HOA Assessments

Condo and HOA Assessments, Illinois Condominium Attorney, Illinois Condominium Property Act, Liens, Property Managers

Unlocking Success: Using Legal Representation Over Collection Agencies for Delinquent Condominium Assessments  Community associations play a crucial role in maintaining the integrity and functionality of shared living spaces. However, when faced with delinquent condominium assessments, these associations often encounter significant challenges in recovering the owed amounts.

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Board of Directors, Bylaws, Condo and HOA Assessments, Property Managers

Guidelines for Preparing Your Association Budget Preparing an annual budget is essential for the financial stability of community associations. However, not all associations know how to effectively create an association budget. To help you with this task, here are some guidelines that will make preparing your budget

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Collections, Condo and HOA Assessments, Illinois Condominium Attorney, Illinois Nonprofit Corporation Act, Liens

Illinois Court Rules HOA Cannot Collect Assessments that were Improperly Levied  One of the responsibilities of a board of directors or a board of managers in any homeowner’s association is to set the amount of regular assessments for the members.  This is typically done by way

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Collections, Condo and HOA Assessments, Condo and HOA Cases, Illinois Condominium Property Act

As Illinois’ First District Appellate Court recently stated, “[c]ondominiums are creatures of statute and, thus, any action taken on behalf of the condominium must be authorized by statute.” Glazer v. Priv. Residences at Ontario Place Condo. Ass'n2022 IL App (1st) 210156, ¶ 22. Along those

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Condo and HOA Assessments, Taxes

Anyone who has ever owned property in Illinois understands that there exists a potentially never-ending cycle of property tax appeals and assessments because real estate is subject to being re-evaluated or re-assessed either on a 3-year or 4-year cycle depending on which county the property

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