financial statements

All condo unit owners in Chicago are allowed access to their association’s documents. This is important for transparency and being able to check for the financial health of a condo association, but there are frequently formalized procedures in place to gain access to them. Section 18(a)(7) of the Illinois Condominium Property Act (ICPA) requires the …

How Do I Request Condo Association Financial Statements in Chicago? Read Full Article »

Checking the financial health of a condo association is an important step if you’re thinking about buying a condo. It’s imperative to buy into a financially stable community that has board members who are fiscally responsible and serve as good stewards of the association. In this post, we’ll share some areas to pay attention to …

How to Check for the Financial Health of a Condo Association Read Full Article »