Beginning August 8, 2015, the City of Chicago is implementing additional documentation to obtain a FPC (Full Payment Certificate) for all transfers of real property whether […]

The Consumer Financial Protection Bureau announced on Wednesday a proposal to delay the effective date of the TILA-RESPA Integrated Disclosure rule until Oct. 1. “We […]

Effective June 1, 2015 there are two mandatory insurance coverage changes that will impact Condominiums in Illinois as follows: Directors and Officers Coverage – The […]

The  Illinois Department of Finance and Professional Regulation Division of Banking has announced  the interest rate affecting the interest to be paid to tenants on […]

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As we know boards of directors can and should invest association reserve funds. Investment of reserves is generally contemplated by the General Not For Profit […]

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The age-old notion that people take better care of their homes than people who rent, has been the culprit to the tradition of resistance to […]

“WE CAN”T GET ANYTHING DONE BECAUSE NOBODY SHOWS UP FOR MEETINGS!!!” Heard this before? Most if not all of my association clients struggle with attendance […]

Establishing home owner expectations by the regular and efficient enforcement of an association's collection policy is fair and makes good business sense.