How Often Are Condo Board Meetings Held in Chicago?
All condo association boards in Chicago are required to meet four times per year as part of the Illinois Condominium Property […]
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General
Buying a Condo in Chicago: Evaluating Association Financials and More
Buying a condo in Chicago is always exciting, but to be sure that you fully understand the risks of your
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How Do You Read a Condo Association Balance Sheet?
Reading a condo association’s balance sheet can provide valuable insight into its financial health and overall financial position. It also
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How to Check for the Financial Health of a Condo Association
Checking the financial health of a condo association is an important step if you’re thinking about buying a condo. It’s
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When Do You Need Permission for Your Condo Remodeling Project?
In Chicago, condo owners typically need permission or approval from the condo association or board before undertaking any remodeling project
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Buying a Condo? What to Look for in the Condo Documents
When buying a condo in Chicago, it’s crucial to review the condo documents carefully to ensure you have a clear
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Building Inspections: What They’re Looking for and When
Condo building inspections are in place for a reason – and that’s to keep residents and community members safe. While
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How Often Are Condo Buildings Inspected in Chicago?
The City of Chicago requires a host of inspections for condominium properties, and the requirements vary depending on the building’s
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When a Condominium Association Creates a Cash Flow Plan, What Amount of Time Must the Projection Be Based On?
When creating a cash flow plan for your Chicago condo association, the amount of time the projection should be based
Capital Planning for Condo Associations
The work of a condo board never stops, and one major task facing Chicago board members is planning for their
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