Condo Adviser: State statute requires fines imposed by condo boards to be reasonable (IL)

/ Owner - August 13, 2023

Q. I am a unit owner in a condominium association and understand that the board of directors has the authority to levy fines pursuant to our governing documents and the Condominium Act. What is the law on the fine amount that may be assessed by a condominium board and is there an appeals process for a fine levied by the board?   Read the article………………………..

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