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...
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...
Download this article as a PDF here. First, let’s be clear what we’re discussing here – the word “retainer” is used by attorneys to mean different things. An “initial retainer” or “fee retainer” is an advance payment for some legal fees that will be done in the...
Nicholas Bartzen, Altus Legal LLC founder, co-presented an educational forum at the annual CAI-Illinois Conference and Expo in February 2019 with Brian Butler, Vice President with FirstService Residential. The focus of the presentation was technology in the 21st...