Owners can serve on board prior to paying off unit (IL)

/ Owner - January 29, 2022

Q. I purchased a condominium unit from a relative some time ago, and I have been an active member and resident of the association. The purchase is being accomplished by an installment contract, so I won’t have a deed to the unit for several more years. The board has approached me about running for the board. However, a debate is raging as to whether I can serve on the board as a contract purchaser. Can I serve on the board at this time?    Read the Q&A……………………………………

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