The ongoing recession has changed the financial picture drastically for many residents, and their buildings are feeling the effects of late and missing assessment payments, owners unable to pay special assessments, and even owners who …
The Illinois State Bar Association (ISBA) has been the premier legal association in the state since being founded in 1877. As a voluntary organization, the ISBA’s primary focus is to help Illinois attorneys practice more effectively and …
When you were little, your mother might have told you, “If you don’t have something nice to say, don’t say anything at all.” Momma was no fool. That was sound advice then, and it's even smarter in today’s litigious world, where …
As gasoline prices rise with increasing summer demand, building administrators' attention has turned sharply to the cost of energy, and ways to trim fat from their overall energy budgets. Yet for the nation’s nearly 60 million…
Condo, HOA, and co-op boards are generally made up of volunteers—and they're frequently a pretty diverse group. There’s the stay-at-home mom who’s looking to get involved with something beyond homework and housework. Maybe there’s also t…
As housing sales in the Chicagoland area remain stagnant, legislation both nationally and locally relating to property ownership and management continue to remain active. The majority of the legislation introduced recently has sought t…
Remember that thick stack of documents you received when you bought your condo or co-op? If you're like most people, they're probably sitting in a drawer or in the back of your filing cabinet, communing with the dust bunnies, largely f…
The business of running a condo building or homeowners association—regardless of the size of the community—can often be complex. From interacting with vendors and service providers to handling conflicts between neighbors, managers and bo…
Though the benefits of condominium and cooperative living are numerous, it’s human nature that where there are people, there will be conflict. Running to a lawyer every time a problem arises is hardly sensible. The legal process is slow…