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……….


Related Articles

How to Make Good Governance Policies for Condo Boards

Policies may not seem like an exciting topic, but they are crucial to the success of any condo board. I

Illinois Supreme Court Grants Leave to Appeal Controversial Condominium Decision

May a condominium owner refuse to pay monthly and/or special assessments, in whole or in part, on the grounds that

Have The Right Condo Insurance?

As a condo owner, you receive some level of insurance coverage through the condominium complex’s master policy, which covers damage