A new and powerful tool to compel prompt payment of assessments
On December 3, 2015, the Illinois Supreme Court entered its order in 1010 Lake Shore Association v. Deutsche Bank National Trust Co. In a unanimous decision written by Justice Kilbride, the Court held that a post-foreclosure mortgagee was liable for the full balance of unpaid assessments, even those which accrued prior to its foreclosure of the property under Section 9(g) of the Illinois Condominium Property Act 765 ILCS 605/9(g). Read the article…………
As well-known especially by those with teenagers, email has taken the place of ordinary telephone conversations and in-person communications. Unlike
Condominium Developers Beware! New Illinois Supreme Court Decision Confirms Chicago Municipal Code Creates a Broad Private Cause of Action for Misrepresentation
On Nov. 4, 2015, the Illinois Supreme Court issued its ruling in Henderson Square Condominium Association v. LAB Townhomes, LLC.