The Illinois Unclaimed Property Act is a consumer protection law passed in 1961 and significantly amended in 2017 to align with modern standards and best practices. The law governs how Illinois businesses and organizations must handle and report abandoned or unclaimed property. The Illinois Unclaimed Property Act applies to:

Condominium, homeowner (HOA), and townhome community associations
Landlords, … Read More ›

Florida House Bill 913 focuses on structural safety, transparency, and oversight in condominium and cooperative associations, particularly for buildings with three or more habitable stories. The bill brings notable changes to SIRS (Structural Integrity Reserve Studies), milestone inspections, conflict of interest rules, and manager regulations.

Florida House Bill 913 was passed by the Florida House on … Read More ›

Florida House Bill 393 introduces key amendments to Section 215.55871, Florida Statutes, enhancing the My Safe Florida Condominium Pilot Program. This state initiative provides licensed hurricane mitigation inspections and financial grants to eligible condominium associations, helping them strengthen structural resilience and better protect against hurricane-related damage.

The recent legislative updates aim to clarify eligibility, streamline application … Read More ›

“Understanding Abandonment for Illinois Landlords and Rental Property Managers” – KSN landlord/tenant attorney Jessica Ryan discusses how Illinois landlords and rental property managers should handle tenant abandonment. This episode will cover what constitutes abandonment under Illinois law, the legal steps landlords must take before entering or re-renting a unit, handling abandoned property, avoiding liability, … Read More ›