Illinois has now surpassed New Jersey for the highest effective property tax rates in the nation, according to a recent report by Attom Data Solutions.
Illinois’ 2023 effective property tax rate, calculated as taxes paid relative to median home value, is 1.88%. This rate, the highest in the country, increased from 1.78% the previous year.
Illinois Property … Read More ›
Your property tax bill in Chicago and Cook County is based on the assessed value of your property. That value, in turn, is based on a large number of factors. When even one of those factors changes, the assessed value of your property could go up.
The Cook County Assessor’s Office has a lot of information … Read More ›
“2024 Florida Community Association Mid-Year Legal Updates” – KSN attorneys Cory Kravit and Kevin Kennedy discuss important 2024 mid-year legislative updates impacting Florida condominium, homeowner (HOA), and townhome associations.
Topics include board member responsibilities, continuing education, changes to Federal law, hurricane protections, meetings notice, elections, contract review, and more. (58 mins.)
The KSN Podcast examines … Read More ›
Prior to July 1,st, 2024, continuing education requirements for board members of Florida condominium and homeowner (HOA) community associations involved the following:
Newly elected or appointed board members must complete a state-approved educational curriculum within 90 days of election or appointment.
Florida approved educational curriculum and state-approved courses cover essential governance topics including financial reporting, the legal … Read More ›