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Thursday, February 20, 2020

OAK PARK VILLAGE CLERK: Seminar to focus on changes to condo laws

Community

By Press release submission | Jun 22, 2018

Seminar

Oak Park Village Clerk issued the following announcement on June 18.

Local housing officials are conducting a free seminar for condominium owners and association board members to focus on changes to Illinois' Condominium Property Act.

The seminar will take place from 7 to 8:30 p.m. on Thursday, June 28 in Room 101 at Village Hall, 123 Madison Street. The event is hosted by the Village's Neighborhood Services Division and Mastercare Building Services.

Attorney Gabriella Comstock of Keough & Moody, specialists in legal services for condominium and homeowners’ associations, will guide attendees through recent changes to the state law related to the following:

Disposition of surplus funds over actual expenses

Sale of the property (deconversions)

Increases in regular or special assessments

Contracts with board members

Rules permitting voting by mail in ballot or electronic voting

Capital improvement projects

Generally accepted accounting principles

Association records to be maintained

Legal combination of units

Rules requiring unit owner contact list

For more information about the seminar, call 708.358.5410 or email housing@oak-park.us.

The Village of Oak Park administers a wide range of support programs for residents through the Neighborshood Services Division. Find more information about Oak Park's housing programs at www.oak-park.us/housing.

Click the image below to download an informational flyer about the condo law seminar:

Original source can be found here.

Source: Oak Park Village Clerk

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Oak Park Village ClerkVillage of Oak Park

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