REPRESENTATION OF CONDOMINIUM ASSOCIATIONS
In big cities like Chicago, where space is at a premium, condominium living is commonplace. Legally, when you buy a condominium (often referred to simply as a “condo”), you’re buying all the space contained within the walls. The condo unit may be a townhouse, an apartment flat, or even a detached home. The exterior of the building, the landscaping, driveways, garages, and all common areas shared with your neighbors are all owned by the Condominium Association, a group made up of all unit owners in the building, which has duties and responsibilities pursuant to Illinois law.
The lawyers at the Rosenthal Law Group represent Condominium Associations of all sizes – from 3 and 4 unit “flats” to larger buildings with 20 or 30 units. Since the Association is responsible for the Financial Management of the building, and is charged with making sure all bills are paid, and the building maintains its property insurance, all of the Association’s funds and monthly assessments must be collected on time from each of the unit owners.
If you think you’re Association is in need of professional, reliable, and competent representation, contact us today. Here is just a few of the tasks we can help your Association with:
- Filing and maintaining the Association as an Illinois not-for-profit corporation
- Collection procedures against non-paying unit owners
- Preparation and recording of a Lien for Unpaid Assessments against delinquent unit owners
- Modification of the Condominium Declaration and Bylaws and any other governing documents