Condo Living Made Easy

Presented by Haus Financial Services, LLC - Elevating Small Condo Management.

Condo Living Made Easy

Presented by Haus Financial Services, LLC - Elevating Small Condo Management.

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A recent Ask the Expert Q&A led CCR to the Cook County Clerk's website and a particular resource related to property matters after death. A video posted on the Clerk's site is alerting homeowners to property fraud schemes and encouraging homeowners to create a plan for how their property will be handled after their death.

We were surprised to learn that the Cook County Treasurer herself has been a victim of property fraud. And while it's not an easy topic to address, it's important to have a plan that ensures your assets will be properly transferred after your death.

You can view the full video here.

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A condominium community depends on its volunteer board members to function successfully. These individuals contribute their time and resources on behalf of all of their owners, and the job is rarely an easy one. This is particularly true in smaller, self-managing buildings that do not have a property manager to lighten the load.

As we count our blessings on Thanksgiving, Chicago Condo Resource and Haus Financial Services would like to extend a huge THANK YOU to all the condo board members who donate their valuable time working to support their associations.

If you are a condo board member, thank you for all that you do.

If you are an owner, take time this week to extend your appreciation to your board. They deserve it.

Recognition of your board's efforts and gratitude for their sacrifice go a long way toward making condo living successful. Happy Thanksgiving!

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Anxious to see what your final tax bill for 2021 looks like?

You can now view your 2nd installment (and total tax payable this year) online.

Visit the Cook County Treasurer's website and look up your tax information by PIN or address.

Payment for the 2021 2nd installment is due on December 30th. 

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Condo boards often turn to attorneys to help them address conflict, interpret their governing documents and understand their rights and responsibilities in managing their associations. Boards are granted what is known as attorney-client privilege in their communication with their attorneys. This means that information between attorneys and their clients is confidential and not shared with third parties. This privilege allows clients to speak freely with their attorney without risk of disclosure by the attorney. 
 
Much of the communication between board members and their attorneys is conducted via email, which can be a convenient way to share information. When it comes to emails between attorneys and a condo board, however, attorney-client privilege can be compromised when emails are shared with outside parties.
 
Privilege can be destroyed if given to a third party. Therefore, if communication is happening via email, attorney-client privilege can be destroyed if the email is directly forwarded to a third party. 
 
Learn why boards should think twice before sharing emails and how attorney-client privilege can be preserved here. 
  1. Winter Preparation for Condo Buildings
  2. Violation Notices - Basics for Condo Board Members
  3. 2021 Property Tax Season is Officially Over
  4. City Council Approves South Shore Condo Co-Op Preservation Fund Pilot

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