The Chicagoland Cooperator is returning to the area to host the Chicagoland Condo, HOA & Co-op Expo. This year’s event will be held on Tuesday, October 22nd from 10:00 a.m. to 4:30 p.m. at the Navy Pier Convention Center in Chicago. …
When you decide to run for a board, you’re usually thinking about all the great changes you’re going to make to your building, along with all the time and effort that you’re prepared to sacrifice for the good of your home. Of th…
Property management, in the broadest of terms, is defined as the operation, control and oversight of real estate. Most property managers would agree that definition is just a starting point. There are many facets to the demand…
The catastrophic and tragic effects of the tornadoes that ripped through Oklahoma this past May resulted in 23 deaths and nearly $2 billion in damage. Natural disasters like these are on the rise, and serve to underscore the importance…
While essential to the successful operation of all cooperatives or condominiums, governing documents are often only glossed over by otherwise well-intentioned board members, residents and property managers leading to potential pitfalls.…
Rachel recently bought a condo in Chicago’s bustling Lakeview neighborhood—and from the outset, she didn’t take the process of purchasing a home lightly. “I’m a first time homebuyer,” says Rachel, “and I was pretty specific abou…
The annual election is probably the biggest event in the administrative life of the condominium, homeowners or cooperative community. For board members and residents alike, it's their most important performance. The board member…
Q I have a question. When a management agent of a condominium receives a complaint from a homeowner about another homeowner, is he allowed to tell the homeowner the name of the complainant? Is this ethical and is there a real estate …
Q May a lawyer that represents a condominium association purchase a foreclosed unit and flip it? Does that represent any conflict of interest? —Legal in Lincoln A “While it’s not necessarily advisable, and certainly …
Q Is there a rule or law that says the condo owners cannot have a list of phone numbers of the unit dwellers in the building for those who may want one....the manager would have the complete information for anyone who is interested...ma…
Q “I am the president of our condo association and I am in favor of creating reserves. Over the last 40 some years our residents have voted down the establishment of a reserve. I would like to recommend to the owners a general pool of r…