Board lacked authority to impose leasing restriction (IL)
The Illinois Appellate Court has invalidated a rule adopted by the board of a condominium that imposed a leasing restriction. Stobe v. 842-848 West Bradley Place Condominium Association, decided by the First District of the Illinois Appellate Court on Feb. 3, 2015, confirms the position I have taken in this column that the board of managers of a condominium does not have the authority to adopt rules that restrict leasing of units when the association’s declaration of condominium permits leasing. Read the article…………….
A majority of apartment owners will be able to force their neighbours to sell their homes to developers under proposed
Q. Our association is not a condominium. Is it true that if a townhouse association has ten units or less
Q: For the past eight years I have been renting out my condominium. When I purchased my condo, there was