Q. Does binding alternative dispute resolution (ADR) override condo governing docs? If the ADR changes the shared common ground expenses, do the members of the association have to vote on the changes? Do the condo docs have to be changed …
Q. I would like to know if the board has the authority to alter meeting minutes provided to shareholders, especially when questions raised during the meetings are left unanswered and omitted from the minutes. Are there any regulations tha…
Every year brings a new slate of legislation at both the local and state levels with implications for Chicagoland’s condo, HOA, and co-op communities. So far, the measures being proposed and enacted for 2026 are heavy on transparency, reser…
If your building or association is professionally managed, having some familiarity with the billing structures property management companies use with different client communities is key; that understanding can help you determine which one i…
With many associations currently earning significant interest income on their reserve accounts, it may come as a surprise that associations have to pay federal income taxes on that income. Even more surprising is that the applicable tax rat…
As the days get longer, warmer, and more conducive to outdoor activity, boards and property managers have a laundry list of maintenance and preparation tasks to ready their buildings for the approaching summer. Investing some time, labor, a…
The roof is obviously one of the most critical components of any dwelling, providing both structural integrity and protection from the elements. And though tough by necessity and designed to last for decades, without proper regular maintena…
Conflict management skills are part of every good manager and board member’s toolkit - especially in this era of social media and heightened cultural tensions. Between defusing hostility at meetings, coping with the impact of platforms like…
Maintaining your building's masonry is every bit as crucial to safety, comfort, and value as maintaining your boiler or furnace—but major masonry repair and restoration projects can be daunting for building owners and boards who are unfamil…
As your building ages, maintaining a roof eventually becomes too costly or bothersome and roof replacement is considered. As a property manager or owner, understanding current standards per typical building codes and manufacturer requiremen…