To the benefit of Associations who are hit hard by the foreclosure crisis, the First District Appellate Court recently held that third-party purchasers cannot circumvent payment up to six months of the prior owner’s assessments if the lender uses a subsidiary to purchase the property at the foreclosure sale.
In Wing Street of Arlington Heights Condominium … Read More ›
So you get the dreaded call from our office: the tenants are disputing the eviction lawsuit and your appearance at trial is necessary. Beads of sweat spill from your brow as you imagine James Spader drilling you with philosophical theories as William Shatner frolics mindlessly in the background distracting you from the barrage of questions. … Read More ›
Speaking on Association collections at the recent CAI Illinois Chapter Conference was an enlightening experience. Discussing, with experienced property managers and earnest Board members, how the foreclosure crisis affects the collection of assessments, our eyes were opened to the extent most Associations are missing a great opportunity to collect. We found most Association Board members … Read More ›
To begin the eviction of a rental property tenant, a Landlord must serve a proper termination notice and, upon expiration of the notice, forward the matter to our office for legal proceedings. Under Illinois law, we must secure service of the Complaint and Summons on the tenant by either personal service or notice by posting. … Read More ›