After the Palm ruling, how community association boards can comply
In the case of Palm vs. 2800 Lake Shore Drive Condominium Association, the Illinois Appellate Court interpreted several matters of fiduciary responsibility. These interpretations are inconsistent with long-standing board practices, causing widespread concern that more lawsuits could be coming. Read the article……….
Q: I have just been elected president of my 150-unit condominium association and have heard that some property managers throughout
Community Association Boards Need to Know and Understand the Exclusions and Requirements in their Association Insurance Policies
Community associations maintain a number of different types of insurance policies to cover various risks, including physical damage, bodily injury,