The recent enactment of the Snow Removal Service Liability Limitation Act automatically voids any provisions in a snow and ice removal contract requiring either party of the contract to defend, indemnify or hold harmless the other party of the contract for… Continue Reading →
With the impending snow season rapidly approaching, it is important for associations to be aware of certain provisions of the Illinois Snow Removal Service Liability Limitation Act, which was signed into law and became effective on August 25, 2016. Most… Continue Reading →
Oftentimes, management companies will include their own management fees (such as a collection turnover fee or trial witness fee) on the ledger of a delinquent owner’s account when collecting unpaid assessments. As courts are reviewing account ledgers with increasing scrutiny,… Continue Reading →
Pursuant to Public Act 99-00776, amendments were made to the Condominium and Common Interest Community Ombudsperson Act (Ombudsperson Act) on August 12, 2016. The Ombudsperson Act will now take effect on January 1, 2017. The Ombudsperson Act establishes the Office… Continue Reading →
The Forcible Entry and Detainer Act provides associations with the right to take possession of a unit when an owner fails to pay assessments and other common expenses to the association. If the association received a judgment and an order… Continue Reading →
In an effort to provide greater consistency and clarity for mortgage lenders as they work to collect information to determine eligibility for mortgages secured by units in condominiums, government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac recently released two standardized… Continue Reading →
In an effort to educate condominium associations, unit owners and common interest groups, while still accounting for the complex responsibilities that accompany those roles, the Illinois General Assembly created the Condominium and Common Interest Community Ombudsperson Act. Effective July 1,… Continue Reading →
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 →
For years, associations have adopted different forms of leasing restrictions. In many instances, those restrictions were adopted to combat decreased owner-occupancy rates in order to keep the condominium eligible as a HUD-approved condominium project, which allows owners and buyers to… Continue Reading →
As we kick off 2016, it is important to bear in mind the legislative changes directly impacting condominium associations that will become effective this year, specifically June 1, 2016. Certain amendments will impact not only when key association meetings may… Continue Reading →
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