Illinois Governor Pritzker signed the Electric Vehicle Charging Act into law on June 9th, 2023. The legislation is applicable to both new and pre-existing residential properties, including houses, apartments, and condominiums. The law goes into effect on January 1, 2024.
Other states have enacted similar “right to charge” legislations, prohibiting property owners, landlords, and homeowner associations … Read More ›
Each new generation of home buyers brings with them new needs or desires that condominiums, homeowner (HOA), or townhome associations need to consider. The newest generation of home buyers has shifted to the Millennial generation, with Gen Z not being far behind, and they come with their own list of values and desires when considering … Read More ›
“Aging in place” refers to the ability of a homeowner to remain living in their own house and community independently as they age rather than moving to a retirement or assisted-living facility. Motivations include comfort, autonomy, safety, and proximity to social connections. The trend is showing no signs of slowing down.
In 2019, about 16.5% of … Read More ›
Condominium, homeowner (HOA), and townhome community association board members and property managers prepare budgets to cover operational costs. These expenses include services (ex. landscaping, snow removal) along with routine maintenance, repairs, and replacement over time to ensure the property remains in good condition.
However, even the best fiscal preparation can be affected by various unforeseen factors … Read More ›