Articles filed under Condominiums
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Assessment notices are not requiredDec 03, 2016 6:00 am - Q. Under the Condominium Property Act, is the owner of a unit obligated to pay the monthly assessment whether or not he receives a monthly statement from the association...
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Reserve fund issues are subject to debateNov 19, 2016 5:00 am - Q. Our condominium association, with more than 100 units, had a reserve study done over a year ago. The reserve study recommended an annual increase in the reserve funds...
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Lease or sale of condo can remain privateSep 03, 2016 5:00 am - Q. As a townhouse owner, am I entitled to see a list of the units that are rented in my association? I am concerned that too many units are being leased in the associati...
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Lester: Could state holdup doom plan for Aurora's old Copley Hospital?Oct 19, 2015 5:30 am - An Aurora businessman has a detailed plan to redevelop the city's abandoned old Copley Hospital, old Waubonsee College and the Crosby-Hobbs building for about $65 millio...
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New state office to help resolve condo disputesDec 28, 2014 12:01 am - A new state law gives Illinois officials a role in resolving disputes between condominium owners and associations. Outgoing Democratic Gov. Pat Quinn signed legislation ...
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A home move with less stress, bigger upsideJun 21, 2014 6:00 am - After buying one of the professionally decorated models at Lexington Park in Des Plaines for himself, Bill McPartlin, a real estate broker from Park Ridge, is singing th...
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Robie model opens at Prairie ParkApr 18, 2014 12:01 am - A new model home - The Robie - steps into the spotlight at Prairie Park, an upscale condominium community where several other models are also on display. "People can hav...
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Associations usually regulate short-term rentalsFeb 07, 2014 11:29 pm - Q. I am interested in leasing my unit for weekends, or other short terms, as a vacation rental for those times when I am traveling. Is this permitted in associations? A....
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Vacant unit causes damage, leaves liability messJan 29, 2014 10:32 am - Q. A second floor unit in our condominium association is owned by an off-site investor. The unit is managed for the off-site owner by a rental agent. The unit was vacant...
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How to limit number of people in a unitJan 23, 2014 11:00 pm - Q. Many of the units in our association are occupied by well over what the board considers an appropriate number of people. For example, six or more adults live in many ...