The popularity of Airbnb, Homeaway, and VRBO have made short-term rentals a topic of discussion among condominium, homeowner (HOA), and townhome community associations. By conveniently bringing owners and prospective guests together through websites and apps, these online services can convert a condo or home into a revenue-making rental property with very little effort.
However, short-term rentals … Read More ›
We are excited to announce that the Law Offices of Gary H. Smith, P.C. has joined Kovitz Shifrin Nesbit (KSN) effective January 1st, 2021.
The Law Offices of Gary H. Smith, P.C. represents business owners, commercial property managers, industrial property owners, condominium associations, apartment building owners, and owners of single-family homes in Chicago and the surrounding … Read More ›
In early December 2020, our law firm sent out a survey to assess the impact of the coronavirus pandemic on condominium, homeowner (HOA), and townhome community associations.
Over four hundred respondents shared the challenges they face as board members, community leaders, property managers, and owners.
Part 1 – Community Concerns
Respondents were asked to choose the main concerns … Read More ›
As we head into the 11th month of the eviction moratorium in Illinois, tenants’ delinquencies are skyrocketing. With no end in sight to the current situation, landlords are searching for alternatives to recover unpaid rent.
In response to the financial hardship caused by the COVID-19 pandemic, property owners have provided tenants with a variety of options … Read More ›