“Navigating Community Association Insurance in a Tough Market” – KSN attorney Omar Malik and Greg Rosenthal (Partner at BKS Partners/Rosenthal Brothers) discuss navigating community insurance for your condo, homeowner (HOA), and townhome associations in a tough market.

They address the different types of community association insurance coverage including, property, liability, directors and … Read More ›

The Corporate Transparency Act (CTA) went into effect January 1, 2024 with a compliance deadline set for January 1, 2025. This new law mandates that certain businesses disclose ownership information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). The primary goals of the CTA are to increase business transparency and accountability … Read More ›

Winter maintenance and preparation are critical aspects of condominium, homeowner (HOA), and townhome association management for communities impacted by cold weather, freezing temperatures, and snow. Board members, community leaders, and property managers that proactively address their winter checklist can minimize risks, maximize safety, and work to ensure the comfort of residents throughout the colder months.

Autumn … Read More ›

Illinois House Bill 0220 (HB0220) is a legislative proposal that amends both the Common Interest Community Association Act and the Condominium Property Act. The bill specifically requires that:

Any Illinois condominium, homeowner (HOA), or townhome community association
With major shared components or significant infrastructure
Which has had a reserve study conducted on or after January 1, 2020
Must have … Read More ›