Articles filed under Condominiums
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Overcoming culture clash among diverse residentsFeb 09, 2013 4:52 am - Immigrant groups account for about sixty percent of U.S. population growth. This is immediately evident in community associations throughout the Chicago area. Recent imm...
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Two judgments available in an eviction lawsuitFeb 02, 2013 3:41 am - Q. Unpaid unit owner assessments have become an issue for our association. We have instituted an aggressive collection policy as suggested in your column, and have had t...
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Fines are ‘reasonable’ when in line with othersJan 26, 2013 4:12 am - Q. The board of our association is in the process of updating our rules. One of our proposed changes would increase the fine of someone who parks in a handicapped space ...
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Automatic renewal contracts are enforceableJan 12, 2013 4:40 am - Q. Our association entered into a five-year laundry room lease. The lease automatically renews for additional five year terms unless notice of nonrenewal is given to the...
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Small association can adopt state rules regulating larger onesJan 05, 2013 4:18 am - Q. We are a small common interest community association, organized as a nonprofit corporation, with a very minimal and outdated declaration of covenants. Our annual asse...
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When should an association board be bonded?Dec 29, 2012 4:34 am - Q. I live in a self-managed, 75-unit association. Should the board members be bonded? A. A condominium or common interest community association in Illinois with 30 or mo...
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Income tax filing requirements for condominium and community associationsDec 15, 2012 3:08 am - Condominium and other forms of community associations are entities that must account for their taxable income. Even if no tax is owed, there is still a filing requiremen...
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Condo Talk: Who gets the surplus of a unit taken over by board?Dec 08, 2012 5:54 am - Q. Our association took possession of an owner’s unit after an eviction for nonpayment of assessments. The unit’s delinquency has been paid off, and the association cont...
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Heed the Condominium Property ActDec 01, 2012 3:08 am - Q. What takes priority in the event of a conflict, the provisions of an association’s declaration or the provisions of the Illinois Condominium Property Act/Common Inter...
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Board’s decision to charge equally for cable TV is legalNov 24, 2012 4:11 am - Q. The board of our condominium association entered into a bulk cable television service for all of the units. Unlike other expenses that are charged to owners based on ...