Best Practices for Better Board Meetings
We’ve all sat through meetings that have sucked the life right out of us. Bad meetings are simply a drag, […]
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Who’s Responsible for Collecting Monthly and Special Assessments for Your HOA?
The responsibility for collecting monthly and special assessments in Illinois HOAs falls under the scope of the board and, often,
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Managing Limited Resources: Small Condo Association Budget Planning Tips
Condo associations of all sizes are tasked with managing and prioritizing spending for the HOA. When budgets are smaller, as
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Can Condo Board Members Be Held Personally Liable in Illinois?
In Illinois, condo board members generally enjoy a degree of protection from personal liability when they are acting within the
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Who Regulates Condo Associations in Chicago?
Condominium associations in Chicago are primarily regulated by state law, specifically the Illinois Condominium Property Act (ICPA). This act governs
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How are Condo Bylaws Enforced in Chicago?
Condo associations and HOAs in Illinois operate much like mini-governments. They have their own rules and regulations to help the
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How are Condo Fees Calculated, and What Factors Influence the Amount I am Required to Pay?
Condo fees, or HOA fees, are calculated based on various factors and are determined by the condo association’s board of
How are a Condo Building’s Internet and Cable Services Managed?
The ways in which condo associations manage “optional” services like internet and cable vary from association to association. There’s no
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What Should I Look for When Reviewing Condo Financial Statements?
Those who serve on their condo association’s board of directors will become highly familiar with their HOA’s financial statements. These
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How to Read Condo Association Financial Statements
Reading condo association financial statements is a valuable skill for condo owners and board members. These statements provide a snapshot
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