Can Owners Reject a Condo Association Budget in Illinois?

November 16, 2023

The annual budget can become a contentious part of living in a Chicago condo association. No one wants their fees to […]

How Much in Reserves Should a Condo Association Have in Illinois?

November 14, 2023

Preparing annual budgets for Illinois condo associations requires short- and long-term planning. One area of long-term planning condo board members

November 9, 2023

Establishing the annual budget is a big and stressful job for condo board members. Not only must they abide by

October 17, 2023

A successful condo association meeting starts with careful planning. By setting a clear agenda and preparing meeting materials ahead of

October 12, 2023

With an average of just 4-5 condo board meetings per year, there’s a lot that has to happen at each

September 19, 2023

How much is too much? That’s a question many condo unit owners in Chicago have when it comes to assessment

September 14, 2023

Attending a condo board meeting is one of the best ways to gain insight into the management and operation of

September 7, 2023

All condo association boards in Chicago are required to meet four times per year as part of the Illinois Condominium Property

September 5, 2023

Buying a condo in Chicago is always exciting, but to be sure that you fully understand the risks of your

August 22, 2023

Reading a condo association’s balance sheet can provide valuable insight into its financial health and overall financial position. It also