Condo busted? Going rental? Here’s how to deconvert.
As the rental market heats up in Chicago, some condominiums are getting offers they cannot refuse. You may have heard that 75 percent of unit owners have to agree to a deconversion. But real estate attorney R. Kymn Harp says that’s not always the case. Get out your Illinois Condominium Property Act and follow along. Read the article………….
A steady increase in the share of U.S. homes that require monthly condo, mobile home or homeowner association fees (HOA)
Just try saying that five times fast. Not only is it a serious mouthful, it also carries serious legal obligations
A recent article in the Seattle Times, discussing buyer’s challenges with loan guideline changes, reminded me of the importance of