Illinois condominium associations can be placed in the difficult position of balancing equitable treatment of unit owners with fiscal responsibility following unexpected damage to the property. A recent decision by the Illinois Appellate Court provides critical guidance on an association’s authority to recoup insurance deductibles from a unit owner in circumstances where the damage originates from that owner’s unit. Gelinas v. Barry Quadrangle Condominium Association, 2017 IL App (1st) 160826, affirms the association’s right to assess a $10,000 deductible following a fire that started in a unit owner’s home and caused damage to the building’s common elements. Read the article…………………………….
Related Post
November 4, 2021
November 22, 2014
November 14, 2024
Comments are closed.