Q. If a condo association in Chicago wanted to buy a unit, what percentage of ownership is required to have this purchase be approved? I hear it is 75 percent, but another association said it was 67 percent. Also, if it changed from 67 p…
Q. If a condo association in Chicago wanted to buy a unit, what percentage of ownership is required to have this purchase be approved? I hear it is 75 percent, but another association said it was 67 percent. Also, if it changed from 67 p…
Q. I am a unit owner in a condominium association containing 189 units. We manage ourselves and wouldn’t ever want to have a management company manage our property. However, the question has often been asked as to what happens when a man…
The most basic structure of our right to own and enjoy our homes emanates from two sources: legislation, and case law. At times, case law is the direct reflection of statutes passed by federal, state, and local levels of our government; at …
No matter what time of year, the addition of natural light into a living space can do more to boost the spirits of its occupants than just about anything else. For a dark kitchen, a gloomy study or a bedroom that lacks that special somethin…
Despite rain being essential to life on Earth, the consensus is that it’s mostly a bummer. And the only thing worse than rain outdoors is rain that gets indoors. In a multifamily condo or co-op property especially, where one leak can affect…
Constructed as they are out of materials like brick, concrete, or even stone, the exterior walls of an apartment building or row of townhomes might seem nearly indestructible. But despite their hardiness, walls are not immune to assaults fr…
Q. It is common knowledge that board members have a fiduciary duty to the association, and can be held liable for failing to perform their duties as required by statute. But, do the board of managers or board of directors have any fiducia…
Q. “I inherited a condo – my father in died September 2016. I have been paying the mortgage and assessment fees since his death. I can no longer continue to pay for the condo. I talked to the president of the association and stated to her…
Despite the fact that most people would agree that discrimination is a bad thing, discrimination persists, which suggests either that existing laws against it are sometimes ignored, or that the legal definition of ‘discrimination’ isn’t alw…
Are condominiums, co-ops and HOAs cohesive communities? Is community part and parcel of what the purchaser is seeking when they buy into a co-op, condo or HOA? The concept of ‘community cohesiveness’ could be defined as a community in which…