What if your association held a board meeting and nobody came? I am not referring to when the board meets without any owners present. In many instances, that can be looked upon as a good thing! People usually show up to complain. If the property is painted and everyone is paying their assessments on time, … Read More ›
Every Condominium and Homeowners Association is dependent upon a steady flow of assessment revenue to fund its operations and maintain the property. Some Associations have alternative sources of revenue such as laundry room receipts, parking garage fees, golf course greens fees, etc. However, it is assessments which are the “life blood” of the Association whether … Read More ›
It is not uncommon to hear an owner or a director complain because another officer of the board did this or that. The role of each officer is limited by the scope of that authority which is defined by their particular title.
For example, the Illinois Condominium Property Act (§18) defines the president’s job as (c) … Read More ›