New Brainy Board Video!

In this short video KSN attorney Sabina Arutyunyan reviews community association fines including noise violations, parking rules, late fees, rentals, and more.

Click here to watch this video – Association ABC: Fines: https://brainyboard.com/programs/brainyboardabcfines4k-443de4

This video is available exclusively on BrainyBoard.com. To create your free Brainy Board account today and start watching … Read More ›

Effective collaboration and communication with your professional team is vital for the smooth administration of a condominium, homeowner (HOA), or townhome community association. From day-to-day management to long-term strategic planning, board members must work with a variety of professionals to maintain the community’s property, finances, and legal compliance.

Below are several key roles within your association’s … Read More ›

Condominium, homeowners (HOA), and townhome community associations occasionally rely on loans to fund significant capital improvements and property renovations. These loans can help associations undertake major community projects, such as:

Repairing roofs
Resurfacing parking lots
Replacing elevators
Upgrading clubhouses and swimming pools

Loans are an alternative to other funding methods, such as increasing regular assessments, imposing special assessments, or depleting … 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 ›