Q. My condo unit seems to have developed a pretty substantial water leak. I cannot find the origin of it but I know it’s a definite problem. How do I know whether I am responsible for the water leak or whether it is located inside the wal…
Tag: Property
It’s a fact of life: with big purchases come big reams of paperwork. For co-op shareholders and condominium unit owners, that can mean hundreds of pages of documents outlining everything from the financial status of their residential commun…
Q I live in a very small building community in suburban Chicago and our condo board has turned over our building to a manager who is running the condo as he sees fit without any input from the board or from residents. He seems to be runni…
Q At present, I am a member of a small association consisting of 12 units, with $30K in reserve. We have been told that we need to procure two new roofs for our building, to the tune of $20K each. While our reserves can clearly cover one …
Who is legally responsible for A) coordinating the treating for and B) paying for the said treating, in regard to bed bugs in a condominium unit? If one of the condo units is rented out to a tenant by the unit owner, does that affect things…
The owners of Museum Park Place Condominium in Chicago’s South Loop area are fortunate; their 23-story, 194-unit building overlooks Soldier Field. “We sit on the rooftop terrace, listen to concerts, and watch the Bears play football on the…
Of all the stages of co-op life, the initial application and approval process, especially the interview, is certainly the most harrowing. Many people fear that just one wrong word will mean the difference between acceptance and rejection. …
Q My condo's board recently approved a plan to provide an office for our property manager. Since the building did not have a space for an office, they want to put up walls in one of our common areas, so the property manager has a place to…
Condos and HOA communities can be a great setting in which to own a home and enjoy privacy and the comforts of your own personal space. That said, there is often a certain amount of tension between residents' desire to for autonomy and the…
Q I am the vice president of a small condo community and we are trying to find out if non-homeowners can serve on the board. Several of the homeowners would like renters to have a proxy vote. However, being a proxy and voting for an absen…