Q May a lawyer that represents a condominium association purchase a foreclosed unit and flip it? Does that represent any conflict of interest? —Legal in Lincoln A “While it’s not necessarily advisable, and certainly …

Q I have a question. When a management agent of a condominium receives a complaint from a homeowner about another homeowner, is he allowed to tell the homeowner the name of the complainant? Is this ethical and is there a real estate …

The annual election is probably the biggest event in the administrative life of the condominium, homeowners or cooperative community. For board members and residents alike, it's their most important performance. The board member…

Rachel recently bought a condo in Chicago’s bustling Lakeview neighborhood—and from the outset, she didn’t take the process of purchasing a home lightly. “I’m a first time homebuyer,” says Rachel, “and I was pretty specific abou…

While essential to the successful operation of all cooperatives or condominiums, governing documents are often only glossed over by otherwise well-intentioned board members, residents and property managers leading to potential pitfalls.…

The catastrophic and tragic effects of the tornadoes that ripped through Oklahoma this past May resulted in 23 deaths and nearly $2 billion in damage. Natural disasters like these are on the rise, and serve to underscore the importance…

Property management, in the broadest of terms, is defined as the operation, control and oversight of real estate. Most property managers would agree that definition is just a starting point. There are many facets to the demand…

When you decide to run for a board, you’re usually thinking about all the great changes you’re going to make to your building, along with all the time and effort that you’re prepared to sacrifice for the good of your home. Of th…

The Chicagoland Cooperator is returning to the area to host the Chicagoland Condo, HOA & Co-op Expo. This year’s event will be held on Tuesday, October 22nd from 10:00 a.m. to 4:30 p.m. at the Navy Pier Convention Center in Chicago. …

Q With the proliferation of media such as Skype, OoVoo and FaceTime for online  audio and video conferencing, I was thinking that community association and  board of directors’ meetings probably could be conducted remotely. Can associatio…