Uncategorized | Keough & Moody

Category: Uncategorized

There Is No “I” In Board

Condominium and common interest community associations are governed by their duly elected board of directors. The board of directors is normally made up of three to seven owners within the […]

Nuisance Violations: The Challenge Continues

One of the obligations of the Board of Directors of a condominium or common interest community association is to enforce the terms of the Association’s community instruments. In many cases, […]

Relax About the Corporate Transparency Act

For those of you who regularly read our newsletters, you likely read our article last month about the Corporate Transparency Act (“CTA”), which highlighted what is required and what must […]

What in the World is this Corporate Transparency Act?

The Corporate Transparency Act is federal legislation which was enacted in 2021 to address the use of somewhat anonymous corporate structures to commit money laundering and other similar financial crimes. […]

2024: New Year New Ways

Many of us start a new year with resolutions and changes we vow to implement to make this new year better than the last one. Individuals are not the only […]

Discrimination: A Claim That Must be Taken Seriously

This past year or two, we have seen more lawsuits filed in the circuit courts of Illinois by unit owners against community associations, individual board members, and/or management companies than […]

Sign(s) of the Times

When you walk down the street in your neighborhood, at one point or another you will come across a sign in someone’s yard or property. Whether this sign is in […]

Recusing and Excusing Board Members

Illinois law is clear that members of a board of directors of a common interest community association have a fiduciary duty to the association, and to its members. This means […]

September Already??!!

2023 is flying by! It is now September! School is back in session (at least in most areas) and community association managers and board members are fully entrenched in budget […]

Refresher on Enforcing an Association’s Restrictions

Every community association has owners that violate the association’s community instruments. To ensure harmony and cohesiveness and to help avoid problems, the board of directors must enforce the restrictions contained […]

New Licensing Rules for Property Management Firms

While Community Association Managers or CAMs (individuals who serve as property managers) have long been required to maintain a license with the Illinois Department of Financial and Professional Regulation (“IDFPR”), […]

Tips for Assessing Charges to an Owner’s Account

As community associations are not-for-profit corporations, collecting money due and owing to these communities is critical. Over the years, K&M has written many articles and participated in many presentations about […]

Common Restrictions or Rules: Do They Help? Are They Needed?

It is not uncommon when drafting an amendment to a declaration or to rules and regulations to have a member of the board of directors or management say to us […]

PERSONAL COMMENTARIES DURING OPEN BOARD MEETINGS: Avoiding Unnecessary Headaches and (Potential) Legal Actions Based on Association Representative

We’ve all been there, whether it be in our personal or professional lives; said something that we wish we could take back. Understandably, and as the common saying goes, nobody […]