When a resident or guest is injured on community property, the ripple effects can be significant—not just for the person injured, but for the entire association. Slip and fall claims are among the most common (and costly) liability issues facing condo and homeowners associations. Whether the incident happens on an icy walkway, an uneven stairwell, or a dimly lit hallway, the financial and legal consequences can be serious if your board isn’t prepared.
In Illinois, associations are generally responsible for maintaining common areas in a reasonably safe condition. These spaces—such as sidewalks, parking lots, lobbies, and pool decks—must be inspected and maintained regularly. But the law also draws a distinction between “common areas” and “limited common areas,” which might include things like balconies or assigned parking spots. Maintenance obligations and liability coverage can vary significantly depending on how your governing documents define these areas. You can read more about your community associations liability and claims around slips and falls in this recent article by KSN Law.
It’s not just about maintenance; it’s about readiness. Even a single slip and fall claim can cost your community thousands in legal fees and insurance deductibles. That’s why financial preparedness is essential. Partnering with experts like Haus Financial Services can help ensure your association has the reserves and planning in place to weather unexpected costs. Our team focuses on your financial well-being, combined with our extensive legal and management expertise, to protect the value of your investment.
Your best defense against slip and fall liability? A proactive board, an informed community—and a solid financial strategy. If you’re unsure where to start, reach out to our team at Haus Financial Services to take the next step toward protecting your association’s future.
