Condo Law Watch

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Insurance Issues

Tressler LLP Re-Launches Condo Law Blog

Tressler LLP is pleased to announce the re-launch of Tressler’s condo law blog with a new name, Condo Law Watch. To keep up with the changing digital landscape, Condo Law Watch will replace the firm’s traditional e-newsletter Condominium & Common… Continue Reading →

Water Damage Issues Create Liability for Boards Under Breach of Fiduciary Duty Theory

In Schuh v. Plaza Des Plaines Condominium Association, No. 1-13-1999 (Ill.App.Ct. July 24, 2014), an Illinois appeals court affirmed a ruling that a condominium association breached its fiduciary duty to a unit owner by failing to promptly address a water… Continue Reading →

Condo Briefs: Insurance Requirements

Condominium Associations should maintain five types of insurance per the Illinois Condominium Property Act: Property Insurance General Liability Insurance Fidelity Bond or Employee Dishonesty Coverage Directors and Officers Liability Coverage Any separate coverage required by the Association’s declaration

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