Condo board required to supply itemized income and expenses report
Q: My husband and I reside in a condominium association. Our bylaws state that on or before April 1 of each calendar year the association must supply to unit owners an itemized accounting of income and expenses. Our management company insists that the association must only make this information available upon request by a unit owner and the only information that must be supplied is a summary of amounts expended without any description of the category of expense or vendor identification. Is there anything more specific in the Condominium Act on this issue? Read the article………..
When you’re inspecting condominiums, attached townhomes and high-rise properties, you expect to check a few outlets, mash the (GFCI) buttons,
Residents of Fox Mill subdivision, the largest in Campton Hills, are speaking out against the village potentially suing the homeowners
Q: I live in a condominium association and our management company has started to email notices of board meetings instead