How to set up legal budget reserves
Q. The declaration for our condominium requires the board to build up and maintain a reasonable reserve for contingencies and replacements, and requires the reserve to be “segregated and allocated for specific purposes.” The budget for our association includes various general categories of reserve expenses, and describes a lump sum for each category. Is this sufficient? Read the Q&A………..
Q: I live in a walk-up condominium building and a dispute has arisen with the board of directors regarding snow
A construction worker tears out and puts in new drywall in a nine-unit building on 80th Street and St. Lawrence
The lawsuit filed Monday in Cook County Circuit Court on behalf of Amy Hensley claims a swan attack caused or