2016 June
Focus on... Law & Legislation

Management
2016 June Alternative Funding

In this challenging economy, many co-op and condo buildings are struggling to pay their bills while planning for future needs. Still, most building boards and HOAs are loathe to raise maintenance fees or levy special assessments on their re…

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Law & Legislation
2016 June Legislative Roundup

The legislative season is upon us, and in many states, bills specifically dealing with co-ops, condos and HOAs are wending their way through the legislative process. Even when bills aren't aimed directly at those forms of home ownership, ma…

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Law & Legislation
2016 June Six Big Things Attorneys Wish Boards Knew

Whether you serve on the board of a co-op, condo or HOA, chances are you and your fellow community administrators are volunteers. Perhaps you're fortunate enough that you or one of your colleagues has professional legal expertise to bring t…

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Law & Legislation
2016 June Managing Municipal Reimbursements

Let’s imagine that your boss invites you to a group dinner to celebrate her recent promotion. At dinner, you have a tasty salad and one glass of the house red, but your colleagues all have multiple cocktails; somebody orders the surf-and-tu…

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Q&A
2016 June Q&A: Where Do I Park My Car?

Q:  Some years ago, I purchased a two-bedroom condo in downtown Chicago. It was advertised as having two parking spaces. They are piggy-back spaces, as the first car cannot get out until the second car is moved into the spot. From what I u…

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Q&A
2016 June Q&A: Water Damage Woes

Q: I live in an 18-year-old, 40-unit townhome association in the community of Des Plaines. It seems that, according to our declaration and bylaws, the association owns and maintains the entire shingle roof system including the skylights a…

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Q&A
2016 June Q&A: Looking for New Board Members

Q:  We have a small condo association and it is difficult, as I assume it is for most, to get people to serve on our board. The idea we came up with is to have one person serve as the treasurer/secretary. In Illinois, is this legal? Is it …

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