For condo owners in trouble, repayment plans a good idea

Community association homeowners are obligated to pay assessments, usually monthly or quarterly, to maintain the common elements of the property. If they don’t, they could lose their homes. The Illinois Forcible Entry and Detainer Act allows associations to get court orders granting them possession of a delinquent owner’s unit and to rent it out until the balance is paid.     Read the article…………


Related Articles

Improving Your HOA Website Security Settings Can Allow For Greater Flexibility

Homeowner association websites contain a wealth of information, from minutes of the board of directors meetings, the declarations and bylaws

What can Reserve Funds be Used For?

Good question! There are two ways to answer a question regarding the appropriate use of Reserve Funds, depending on how

How to Be the World’s Worst HOA Board Member

It’s often misconstrued that the only job of the Board is to maintain the outside dwellings and common areas of the Association.