Altus Legal – April 2019 Newsletter

Apr 8, 2019 | Newsletters

In This Issue Year-End Accounting: Read this before you put that operating surplus into reserves. Executive Session Meeting Minutes: Download a free template to ensure compliance with Illinois law. Board President Abuse of Power: Check out Altus founder Nicholas...

Legal Tips – Disposition of Association Surplus

Apr 3, 2019 | Articles

Your Declaration May Require the Association to Refund a Budget Surplus In the past, many (if not most) condominium associations that ended their fiscal years with a budget surplus (that is, a net excess of income over expenses) would add that additional money to the...

Altus Legal – March 2019 Newsletter

Mar 8, 2019 | Newsletters

In This Issue Monthly Attorney Retainers: Are they worth the expense? Unit Foreclosure Actions: Should the association spend money to get involved? Visit the link HERE to read our March...

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