Questions to Ask Before Hiring a New Property Management Company for Your Condo Association
Managing a condo association is a full-time job, and as a volunteer on your association’s board, it may not be […]
What Your Condo Association Should Look for in a Security Company
Everyone deserves to feel safe in their homes. Owners of property in a Chicago condo association are no different –
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How are Violations of a Condo Association\’s Rules and Regulations Enforced in Illinois?
By purchasing property in a Chicago condo association, unit owners agree to abide by the association’s rules and regulations. If
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How is a Condo Association’s Budget Determined and Managed?
Condo unit owners buy property within a condo association for the shared benefits of living in the community. They pay
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Is a Condo Association\’s Budget Approved by the Members in Illinois?
Adopting a new budget for your Chicago condo association is a process that happens annually and requires the support of
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How to Present Your Condo Association\’s Budget to Your Members in Illinois
Once your condo board has prepared your annual budget, it’s time to present that budget to your members. Being fully transparent
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How is a Condo Association’s Budget Prepared in Illinois?
Condo association budgets are prepared by the condo board. It’s one of the board’s biggest responsibilities, and often a task
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How Are Any Surplus Funds Handled in an Illinois Condo Association?
Planning the annual budget for your Illinois condo association is always a bit of a guessing game. Even with good
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How are the Long-term Financial Needs of the Condo Association Taken into Consideration When Determining Assessments?
Planning annual budgets is one of the biggest responsibilities of any Illinois condo board. Not only must board members account
What to Know About Assessment Collection and Allocation Transparency
Condo association board members have a fiduciary responsibility to make financial decisions that are in the best interest of the
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