Blog
In recent years, more and more property managers have delegated to third-party vendors the responsibility of producing condominium documents and disclosures needed for real estate transactions under the Illinois Condominium Property Act. Although it is actually the seller’s attorney that completes the basic data entry in order to obtain the necessary condominium documents, it is the third-party vendor and property manager who then charges upwards of several hundreds of dollars for this “service”.
As we take stock of 2021, we note that there were no major changes or amendments to the Illinois Condominium Property Act. Given the relative silence coming out of Springfield, we conclude that the tragic Surfside Tower collapse is the most substantive development to impact our condominium association clients this year. While this tragic event had no immediate impact on Chicagoland condo owners, we believe it will alter association governance for years to come.
On February 3, 2016, the First District Appellate Court of Illinois issued an opinion in Stobe v. 842-848 West Bradley Place Condominium Association, a case involving a challenge to a condominium board rule imposing a 30% cap on leasing in the building. This opinion is of particular significance, as it is the first time in more than 20 years that the Illinois Appellate Court has spoken on this important topic of restrictions of leasing in condominiums.
While individuals can represent themselves pro se, pursuant to English common law as far back as the 1600s, business entities must be represented by an attorney in court. However, as many property owners know, this rule has never really been enforced by the Chicago Department of Administrative Hearings.
A recent Illinois appellate court decision has actually ruled that a landlord’s 5 day notice is defective if the deadline in the notice (the 5th day) falls on a Sunday. As most landlords are aware, it must serve its non-paying tenant with a written notice before it can file an eviction lawsuit. In the residential context, and unless the lease provides for a longer time period, the notice for the non-payment of rent is 5 days, and the notice for some other default under the lease is 10 days.
Condominium associations are not-for-profit corporations, and like for-profit corporations, management decisions are made by a duly elected board of directors. However, unlike in a typical corporate board, condominium board members serve on a voluntarily basis, and often have busy schedules or full-time jobs that prohibit them from devoting the majority of their time to association board business.
