Articles

As many of our clients are now aware, the Federal Corporate Transparency Act (“CTA”) requires condominium and homeowners associations, as well as co-ops (“Associations”), to file documents and information with the Financial Crimes Enforcement Network (“FinCEN”), a...

A recently-adopted Illinois law amends the Illinois Condominium Property Act by adding new Section 18.12, which governs accessible parking. The new law is applicable to both existing and new condominium associations (and inapplicable to townhome or homeowners...

The Democratic National Convention (“DNC”) is scheduled to take place in Chicago from August 19, 2024 through August 22, 2024. Boards and managers of condominium and homeowners associations throughout Chicago, particularly downtown, the West Loop, Gold Coast,...

For a downloadable PDF of this article, please click here. All condominium and homeowner association (“Association”) board members and managers should be aware that the Federal Corporate Transparency Act (“CTA”) requires Associations to file documents and information...

As most readers are aware, the Corporate Transparency Act ("CTA") and compliance requirements for Illinois community associations have been a hot topic this year. Managers and board members have been confused by court rulings, legislative maneuvering by lobbyists to...

More than fifteen bills have been introduced during the current legislative session, which began in January 2024, impacting community associations. Those bills cover situations and topics including (but not limited) to reserve studies, accessible parking, use of...

In recent years, the rise in popularity of electric bikes and electric scooters (“E-Bikes” and “E-Scooters”) has brought about a new wave of transportation convenience and eco-friendly mobility. In Chicago especially, our high-rise condominium clients are seeing more...

Illinois community associations deal with construction defect issues frequently, from the moment the association (whether a condo, homeowners, or townhome association) is turned over from the developer with underlying construction defects, throughout their existence,...