Need help in your condo? Submit a Question to our experts and we'll post a Q&A on the topic.

(The full text of our"Ask the Expert" articles is available for viewing to Subscribers only.)

Q. Our by laws say we are to have 3 directors on our board and then indicates the board can elect officers as they see fit.  We did have 5 directors and when the announcement was made for others to express  interest in running for the board, 1 additional person expressed interest.  The association did not vote on anyone, and this additional person was just absorbed into the current board, so now we have a total of 6 directors.

Q. I am on our Condo board.  The president owns 50% of the units.  He is not paying assessments and will not vote for liens.  There has been no election in three years. (Association rules are two years). 

Q. How do I set up a new bank account for our association funds? Our current bank has sub-par customer service, is inconveniently located and charges odd online fees. We would like to move to a bank common to all owners (3 units) and take advantage of online deposits and such.

Q. I recently purchased a property this year and I feel my taxes are extremely high for the area.  What are my chances to appeal my taxes as individual than as a collective association.  Also, if appealed as an association using a lawyer,what is the average cost?

Search Articles...

Membership Plans

Subscribe to the Chicago Condo Resource to access our Members Only Content.

Subscribe to Newsletter

Seminars & Events

Thu Jul 16 @ 7:45AM - 03:45PM
Legal Forum
July 2020
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31