This Saturday, June, 8, from 9:00-11:00 a.m., North Side Community Federal Credit Union will be hosting a free condo education homeowner training. The workshop is for condo owners in self-managed buildings. You’ll learn about:

  1. The differences between owning a single-family home vs. a condominium
  2. How to make sure your board is complaint
  3. How to evaluate your building’s financial risk
  4. How to plan for assessments and major repairs

Haus Financial Services’ own, Lauren Peddinghaus, will even be speaking about financial best practices.

The workshop will be held at the MLK Room (4750 N Sheridan Rd. Chicago, IL 60640). Breakfast and all materials will be provided.

Register here.

 

 

Within condominiums, there are always a lot of questions surrounding parking, but not a lot of answers. We are breaking down some frequently asked parking questions to make your life easier.

Q: Can a unit owner sell their parking spot?
A: No. An assigned parking space in an association cannot be sold. However, if the parking spot is deeded separately to the owner, meaning it has its own PIN (Property Identification Number) and is taxed separately, the spot can be sold. 

Q: Can associations sell unassigned spaces?
A: No. Parking spaces are common elements that cannot be sold.

Q: Can unit owners exchange assigned parking spaces?
A: It depends on the governing documents of the specific association. You will need to review your Declaration and Bylaws to determine how parking spaces are handled.

Q: Can a board force an owner to park in the unit’s assigned space?
A: Yes. The board should adopt parking policies that require owners to park in their assigned spaces.

Q: Can the board force owners to change their assigned spaces?
A: Sometimes. Some documents allow boards to switch owners’ parking spaces, but if the spaces are legally attached to a unit, they cannot.

To learn more about parking, click here

During each General Assembly session, Illinois lawmakers introduce thousands of pieces of legislation, and many impact community associations in some capacity.

The public can fill out witness slips to register support or opposition to a bill. The witness slips are then reviewed by the committee that the bill is assigned to at the beginning of each hearing. Lawmakers pay close attention to witness slips. Witness slips have many times made a difference in whether or not a bill becomes a law.

If you would like to engage in the legislative process, the Illinois General Assembly website offers tools to help you, such as “My Legislation,” which allows you to build a database of bills you are interested in and to track their progress 

In 2014, ChicagoCondoResource.com helped condo owners to fight a bill that would have limited the funds associations could recover from a foreclosed unit. Governor Quinn vetoed the bill due to the overwhelming amount of input received from condo owners.

Your voice does have an impact! To learn more about witness slips and the tools offered by the Illinois General Assembly, click here

Residents are encouraged to attend community association board meetings to observe and bring any issues to the board’s attention during the homeowner forum.

When bringing up issues during this forum, residents are encouraged to follow these guidelines:

  1. Be professional, this is a corporate business meeting.
  2. Sign in when you arrive at the meeting. The board will call on you in the order you arrived and they may contact you if they need further information.
  3. Bring up all issues in a productive manner without griping with board members.
  4. Remember the meeting is about business and it is not personal. If you are particularly upset about an issue, consider speaking to the board privately.
  5. Be considerate of others and don’t speak out of turn.
  6. When bringing up an issue, make sure to keep it to less than 5 minutes. If you need more time, submit your comments in writing.
  7. It may take the board some time to resolve or address your issue, so make sure to be patient.

To learn more, click here.

Post Sposored by Relias Law Group, Ltd.
150 S. Wacker Drive, Suite 1600
Chicago, IL 60606
(312) 428-3016 Office

Some assessment notices issued to properties in Elk Grove Township were issued in error by the Cook County Assessor. New “corrected” re-assessment notices were subsequently issues by the Assessor’s office. The errors impacted over 2,500 condo units. Because of this error, the Assessor has extended the assessment appeal deadline to May 29, 2019.

Additionally, due to the error in Elk Grove Town, the assessment notices for Maine Township will now be delayed. The new anticipated assessment notice date for Maine Township is now May 7, 2019 with a new appeal deadline of June 7, 2019.

If you have a question about the accuracy of your assessment or the association’s assessments, please contact George Relias at (312) 428-3021 or This email address is being protected from spambots. You need JavaScript enabled to view it.. He will be happy to review the assessment and help you determine your options.

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Sun Nov 17 @ 3:00PM - 05:00PM
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