Real Estate Trends 2014 Market Review and Forecast
2014 March 2014 Market Review and Forecast

Chicagoans are a tough crowd. After all, it takes a hardened crew to be able to weather a Chicago winter that rivals its nickname as the Windy City. But while many neighborhoods are starting to bounce back after the recession, some a…

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Q&A: Levying Fines?
2014 February Q&A: Levying Fines?

We send violation notices and the owners just throw it in the trash. We would prefer to threaten fines rather than legal proceedings. Specifically, leasing units without board approval or notice, barbecue grills on patios, and animals in un…

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Q&A Q&A: Would We Be Covered
2014 February Q&A: Would We Be Covered

A group of unit owners in my building formed a committee in reaction to some rules the board made. We’re worried we might get into a lawsuit with the board, and we want to know if the association’s insurance would cover us against this kind…

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Q&A: These Pets are Too Big
2014 February Q&A: These Pets are Too Big

My condo association has a bylaw that limits the size and number of pets. About a year ago, a person moved in with a large puppy that has grown to be a very large dog. I reported it to the management and they did some investigating—then iss…

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Buying & Selling Dollars & Sense
2014 February Dollars & Sense

Even before the economic meltdown and the media storm swirling around the thievery of money men like Bernie Madoff, financial mismanagement and fraud were destructive problems for many co-op and condo owners. A co-op or condo is a ma…

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Owner Relations Keeping Track of Paperwork
2014 February Keeping Track of Paperwork

While keeping the records of the association is not the most fascinating part of serving on a board, it is in some ways the most important. In fact, the flow of paperwork is the lifeblood of the community. The association’s declarati…

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Owner Relations Board Owner Do’s and Don’ts
2014 February Board Owner Do’s and Don’ts

It only takes a few minutes of a web search to uncover the traits that make a successful person or business owner. For example, Entrepreneur magazine’s Steven Key wrote the article, “5 Qualities of Successful Persons,” which included such …

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Owner Relations Howdy, Neighbor
2014 February Howdy, Neighbor

The word community, like many words in the English language, has more than one interpretation. A community can be identified as a geographical location--a physical infrastructure of streets, parks and buildings, defined by tangible brick a…

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Q&A: Party On!
2014 January Q&A: Party On!

Q A member wants to use the clubhouse for a for-profit party. Are there any issues with that? What are the insurance consequences for leasing out the clubhouse to an outside party? Is it wise to simply maintain the clubhouse strictly for …

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Management No Spaces Anywhere
2014 January No Spaces Anywhere

It’s 6 pm. on a Tuesday night when the Chicago Cubs are in town and it’s game night in Lakeview’s Wrigleyville neighborhood—just streets away from where the beloved Cubs play at Wrigley Field. Parking throughout most of Wrigleyville …

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