Organizations Concentrating on Community Association Law
2012 July Concentrating on Community Association Law

 For nearly 20 years, the Community Associations Institute (CAI) has recognized  excellence in the practice of community law through the Falls Church,  Virginia-based College of Community Association Lawyers (CCAL). Of the tens of  thousan…

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Maintenance Caulk it Up!
2012 July Caulk it Up!

 With the possible exception of fire, nothing is more damaging to residential  buildings and the property of their occupants as leaks. Whether it’s a torrential deluge from the upstairs neighbor’s overflowing bathtub or a slow, seeping lea…

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Neighborhoods Rogers Park in Chicago
2012 July Rogers Park in Chicago

 Once a Rogers Parker, always a Rogers Parker, it seems. Whether a current or  long-removed resident, folks seem to take pride in their links to the community  bordered by the lake, Western Avenue, Evanston and Devon Avenue.    It m…

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Real Estate Trends Amazing Amenities
2012 July Amazing Amenities

 Chicago is known for having some of the very best urban opportunities in the  world—among the best colleges and schools, museums and libraries, as well as some of  the finest parks, the most interesting architecture, the most intriguing m…

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Finance Dealing with Commerical Tenants
2012 July Dealing with Commerical Tenants

 Stores and other commercial businesses on the ground floor of a condo building  used to be a rarity but now they are becoming a hot new amenity, even a  standard for newer buildings. Restaurants, food markets, drugstores, clothing  stores…

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Finance Understanding Your Association's Finances
2012 July Understanding Your Association's Finances

 For a crystal-clear picture of how an association is doing, there are few better  lenses than the community's budgets and financial reports. From an investment  perspective, they show the shareholders, managers, tenants, owners, and board…

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Finance Pay Up!
2012 July Pay Up!

 In the tough economic environment we've been struggling through over the past  few years, many condo owners have faced job loss, pay cuts, or just financial  uncertainty. Unfortunately, the sign of the times sometimes leads to an owner  n…

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Finance Cash-Strapped?
2012 July Cash-Strapped?

Money is a topic people are often skittish about discussing—especially when the discussion involves rising fees, or having to pay more money for something. When you’re a board member or the property manager of a condo building or residen…

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Q&A: Assignment of Parking Spaces
2012 June Q&A: Assignment of Parking Spaces

Q I am the president/secretary of our condo association in Chicago. We have a unit  that was foreclosed by the bank last summer and the owner moved out. We only  have outdoor parking. The assigned space for this unit is right outside the …

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Q&A: Walls Without Boarders
2012 June Q&A: Walls Without Boarders

Q Our board is planning to sell a basement apartment that had been a rental apartment. On the recommendation of the management company, the board authorized the demolition of the internal and perimeter walls, ceiling and wood floors. A…

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