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Administering a condo board in Illinois involves grasping complicated laws that are made to protect homeowners and shape decisions. Many board members only understand the extent of their legal obligations when their board faces complaints, fines, or disputes. This guide explains the important Illinois and Chicago laws every condo board must abide by to stay in compliance and avoid costly mistakes. Core Statutes Boards Must Follow Illinois condo boards are generally governed by three main laws. These include: Condominium Property Act (CPA) – It helps in defining elections, meetings, record-keeping, and fiduciary duties.Common Interest Community Association Act (CICAA) – This Act...

  Nearly every apartment and condominium dweller has at some point come in contact with one of their neighbors. Residents should do their best to embrace these meetings, not avoid them. Establishing and maintaining healthy relationships with neighbors has the potential to enhance the apartment and condominium dwelling experience. Here are a few tips for getting along well with neighbors.  Be volume considerate Perhaps one of the simplest steps apartment and condominium residents can take to ensure they maintain healthy relationships with their neighbors is to be volume considerate. The most common complaints fielded by property managers are related to noise....

Bring Your Property Management Into The Digital Age! Are you a board member or investor that is still taking payments through a person or through the mail? How do you manage the day-to-day aspects of your commercial or residential properties? Are you really on top of the management aspect as you may think you are? Have you ever considered streamlining the process with digital rental and association management software? All of these questions can easily be answered by working with a property management company in Chicago. You can bring your rental properties into the digital age with software made accessible by...

Tips for Buying an Established Rental Property As a real estate investor, you may be inclined to buy a property in Chicago that is already inhabited by tenants who’ve been there for some time. When you inherit tenants that are established, it can be quite a daunting task to know how to handle the situation. There are some ways you can make this transition easier by working with the tenants and your property management team in Chicago. You want to get to know your tenants while also informing them of any changes and updates they need to know to keep the...

Pet Policies and Service Animals Pets are a huge part of many families in the Chicago area and around the nation. Many people own multiple pets ranging anywhere from a couple dogs to cats, fish, and even snakes in some cases. As a Chicago property owner, how can you restrict pets in your building without being discriminatory? Can you have a no-pets policy in place by law and stay protected? There is a way to post a no-pets policy with your Chicago property management company as long as you’re aware of the exceptions you need to have in place. Your pet...