Chicago Condo Budget Requirements
Establishing the annual budget is a big and stressful job for condo board members. Not only must they abide by …
Establishing the annual budget is a big and stressful job for condo board members. Not only must they abide by …
Buying a condo in Chicago is always exciting, but to be sure that you fully understand the risks of your …
Buying a Condo in Chicago: Evaluating Association Financials and More Read More »
All condo unit owners in Chicago are allowed access to their association’s documents. This is important for transparency and being …
How Do I Request Condo Association Financial Statements in Chicago? Read More »
Reading a condo association’s balance sheet can provide valuable insight into its financial health and overall financial position. It also …
How Do You Read a Condo Association Balance Sheet? Read More »
Checking the financial health of a condo association is an important step if you’re thinking about buying a condo. It’s …
How to Check for the Financial Health of a Condo Association Read More »
Condo members who are elected to their association’s board in Chicago have many responsibilities, but perhaps one of the biggest …
Budget for Condo Associations: What Is the Purpose of These Budgets? Read More »
Condo unit owners buy property within a condo association for the shared benefits of living in the community. They pay …
How is a Condo Association’s Budget Determined and Managed? Read More »
Adopting a new budget for your Chicago condo association is a process that happens annually and requires the support of …
Is a Condo Association\’s Budget Approved by the Members in Illinois? Read More »
Once your condo board has prepared your annual budget, it’s time to present that budget to your members. Being fully transparent …
How to Present Your Condo Association\’s Budget to Your Members in Illinois Read More »
Condo association budgets are prepared by the condo board. It’s one of the board’s biggest responsibilities, and often a task …
How is a Condo Association\’s Budget Prepared in Illinois? Read More »