“2025 Illinois Condo and HOA Legal Updates” – KSN attorneys Omar Malik and Joshua Weinstein discuss important 2025 legal updates impacting Illinois community associations. Topics include changes to state law, federal law, accessible parking, native landscaping, board member responsibilities, best practices, and more (60 mins.)



The KSN Podcast examines various aspects of association law, landlord/tenant issues, … Read More ›

The 2025 security deposit interest rate has been set by the Illinois Department of Financial and Professional Regulation (IDPFR).

As noted on the Illinois Department of Financial and Professional Regulation website:

The Illinois Department of Financial and Professional Regulation, Division of Banking announced today that the interest rate paid by the largest commercial bank … Read More ›

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against enforcing the Corporate Transparency Act (CTA). The injunction temporarily halted community association board members across the U.S. from filing the required beneficial ownership information (BOI) reporting. On December 6, 2024, the government filed a notice … Read More ›

Each year the City of Chicago Comptroller is required to review and set the rate of interest to be paid on security deposits for residential lease agreements.

As recently announced on the City of Chicago website, the rental agreement security deposit interest rate is set at 0.01% from January 1, 2025 through December 31, 2025.

Here is … Read More ›