Condo Law Watch

Month

June 2023

Are You Adequately Insured Against Catastrophic Damage?

Every year more people are purchasing units in condominium associations. If it is your first home, an investment property, or a downsize, purchasing a unit in an association has many benefits. For example, the association will maintain the common elements… Continue Reading →

New Law: Mandate for Installation of Electric Vehicle Chargers in Common Area Parking Lots 

On June 9, 2023, Governor Pritzker signed Senate Bill 40 into law. This new law states that beginning on January 1, 2024, if a single-family home or multi-unit residential building constructs a new parking lot, every parking space must be… Continue Reading →

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