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 …
When creating a cash flow plan for your Chicago condo association, the amount of time the projection should be based …
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 »
Planning the annual budget for your Illinois condo association is always a bit of a guessing game. Even with good …
How Are Any Surplus Funds Handled in an Illinois Condo Association? Read More »
Planning annual budgets is one of the biggest responsibilities of any Illinois condo board. Not only must board members account …
Condo association board members have a fiduciary responsibility to make financial decisions that are in the best interest of the …
What to Know About Assessment Collection and Allocation Transparency Read More »
Unit owners who purchase property in your Chicago condo association must also agree to the association’s bylaws and rules and …
How to Ensure Transparency with Assessment Collection and Allocation Read More »
Condo association boards are responsible for the well-being of their entire association community, and the way they finance shared costs …
How to Deal with Foreclosure & Eviction in Your Condo Association Read More »