As you have no doubt discovered, most new condominium/townhome developments include a “mixed use” building. That is, a portion of the building (usually on the ground floor) is reserved for commercial/retail use while the remainder of the building consists of residential units. Due to the obvious differences between commercial and residential owners’ uses and needs … Read More ›
When a homeowner falls behind his or her monthly condominium assessments, the Association’s Board can turnover that account to our offices to begin the collection process. The process entails our offices sending a demand for possession whereby the homeowner is given 30 days in which to pay the debt. In the event the homeowner … Read More ›
In the recent months, as there has been a general improvement in the real estate property values, the number of foreclosure sales with surplus funds has increased. In other words, there are more foreclosure cases now where the properties are sold at a foreclosure sale for an amount that is higher than the amount of … Read More ›
Litigation principal Diane Silverberg, who successfully handled the case of Spanish Court Two Condominium Association v. Lisa Carlson before the Illinois Supreme Court last year, today prevailed on the Fee Petition she presented to the Nineteenth Judicial Circuit on behalf of the Spanish Court Two Condominium Association.
In ruling in the Association’s favor on the … Read More ›