Revisiting Leasing – Statutory Changes and Practical Implications (IL)

When a homeowner falls behind his or her monthly condominium assessments, the Association’s Board can turnover that account to our offices to begin the collection process. The process entails our offices sending a demand for possession whereby the homeowner is given 30 days in which to pay the debt. In the event the homeowner fails to pay within the 30 days, if directed to do so, we will file a lawsuit under the Forcible Entry and Detainer Act against the homeowner for the unpaid assessments.    Read the article…………….


Related Articles

New Chicago Ordinance Helps Condo Associations Enforce Short Term Rental Restrictions

On June 22, 2016, the Chicago City Council adopted an ordinance that now requires property owners wishing to rent on

Iowa Supreme Court Rules for Contractors in Homeowners Association Dispute with Subcontractors

The construction industry can claim another victory in its ongoing effort to avoid claims by homeowners who sue companies with

House speaker wants construction-defects bill amended (CO)

House Speaker Dickey Lee Hullinghorst on Tuesday laid out her clearest directive yet for passing a construction-defects reform bill: Amend