On March 2, the US Treasury Department announced via press release that not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing Corporate Transparency Act (C…

Q. Is there a definition of ‘owner-occupied’ in Illinois for co-ops? The issue is whether a mom and dad could purchase a unit in our co-op for their son or daughter who would be living in the unit alone. Or could a son/daughter purchase a…

One of the certainties of living in a co-op, condo, or HOA is that despite all having an equal stake in the financial and administrative success of the building or association, only a small percentage of residents choose to take an active r…

The term ‘diversity’ encompasses an expansive range of demographics within a population, from ethnicity, age, gender and orientation, ability, religion, and socioeconomic status to culture, language, and personal lived experience. These fac…

When it comes to property management, both traditional and more tech-savvy communication approaches, from personal interactions to digital portals, can help a building team operate successfully. A carefully considered full-spectrum approach…

On December 23rd, the Fifth Circuit Court of Appeals issued a decision staying the nationwide injunction issued by the U.S. District Court for the Eastern District of Texas earlier this month.  This court order reinstates the deadline for f…

Community associations and their directors are on the clock for complying with the federal Corporate Transparency Act (CTA), which requires board members to submit their personal information to the US Treasury Department or face steep fines…

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 unfamiliar wi…

As a building owner, manager or engineer, navigating a leak can feel daunting. By identifying common leaks and their sources and giving an overview of an architect and/or engineer’s leak investigation process, this course equips building ow…

With Electric Vehicles (EVs) becoming ever more popular and widespread, and the Illinois EV Charging Act now in full effect, it is crucial that building owners and administrators understand, plan for, and effectively implement EV charging i…