Many if not most boards get along famously. There are boards that have had the same members for decades and run their communities without a hitch. We frequently get calls from readers who are troubled when they find that their board …
The owners of Museum Park Place Condominium in Chicago’s South Loop area are fortunate; their 23-story, 194-unit building overlooks Soldier Field. “We sit on the rooftop terrace, listen to concerts, and watch the Bears play football on the…
When electing board members to serve on behalf of your community, you expect them to be on their best behavior and think of the needs of the building and the people who live there when making their decisions. Regardless of the type of comm…
It's a truism that's been phrased many ways by many wise people: “A lack of transparency results in distrust and a deep sense of insecurity.” That's the case in any number of situations, but it's especially applicable to the administration…
Of all the stages of co-op life, the initial application and approval process, especially the interview, is certainly the most harrowing. Many people fear that just one wrong word will mean the difference between acceptance and rejection. …
Say you’re in bed, and you hear what sounds like the shower going. It's late, and you're tired, so you pay it no mind. You wake up at 4 a.m. to get a glass of water and find half the rooms in your apartment flooded— you forgot to turn the …
Individuals, associations and other entities carry insurance coverage to protect them from liability, loss, and other financial and legal threats—that's pretty basic. What isn't always so basic is deciding when to file a claim versus payin…
Sometimes insurance and the terms that accompany it can feel like a completely foreign language. It can be mystifying and overwhelming, whether for individual condo residents or the board members who oversee the community as a whole. The i…
When is a flood not a flood? That’s a serious question for Chicagoland’s residential communities. Even if they have flood insurance, damage caused by heavy rains and backed-up sewers may not meet the National Flood Insurance Program (NFIP)…
Running the day-to-day business of a condo development or an HOA of any size—be it a sprawling, multi-building community, or a single self-contained building—requires not just a functional board but a team of competent outside professional…