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.

Q. I stepped down as board president in September 2011. A new BOD was elected since then.  The current President has a history of not paying their assessments.

I’ve been asking the management company for monthly financial reports but they refuse to send me the report saying that it is prohibited by federal law to send A/R info unless I am a board member.  Is that true?

A. The IL Condo Act prohibits the board of directors from

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"Ask the Expert"

Is collection action voted on in an open meeting?

Q. Our board is wondering, in light of the Palm II ruling, if a condo board must vote in an open meeting to take collection action against a unit.

Does the Palm II Ruling Apply to Condo Committees?

Q. I'm part of an architectural review committee, which is one of two committees founded by our covenant documents. I'm wondering if the Palm II decision applies to all parts of the HOA structure or just to the actual board?

Our association would like to update its Bylaws. Is a template available?

Q. Could you point me in the direction of the Bylaws template for small Chicago condo associations? Our building is using the original from the 1960’s or something like that, and I would like to propose a revamp. 

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