On May 24, 2024, the Illinois legislature approved legislation to amend the Illinois Condominium Property Act (“ICPA”) to impose certain new requirements related to parking for “a unit owner who is a person with a disability...more
A recent federal court ruling has cast doubt over the Corporate Transparency Act (“CTA”), a federal law that broadly imposes certain reporting requirements by January 1, 2025 and applies to most condominium and community...more
In 2021, Congress enacted the Corporate Transparency Act (“CTA”) in an effort to protect the U.S. financial system from illicit use. Generally speaking, the CTA requires business entities operating in the U.S. to report...more
The Illinois Supreme Court recently upended decades of Illinois caselaw regarding coverage under commercial general liability (CGL) policies, aligning Illinois with most states on the issue. On November 30, 2023, the Illinois...more
In the wake of the tragic 2021 condominium building collapse in Surfside, Florida, Fannie Mae (“Fannie”) and Freddie Mac (“Freddie”) adopted temporary eligibility guidelines for loans insured by Fannie and Freddie for...more
On July 20, 2022, a new ordinance called the “Electric Vehicle Right to Charge Ordinance” was proposed to the Chicago City Council – Committee on Housing and Real Estate. The proposed Ordinance grants unit owners (and...more
On June 22, 2022, the City of Chicago adopted a new ordinance commonly referred to as the “Cooling Ordinance”. The Cooling Ordinance modifies the cooling requirements for certain residential buildings, which does include...more
On Wednesday, February 9, 2022, Governor Pritzker announced to media that he anticipates lifting the statewide indoor mask mandate for venues other than schools, hospitals, and public transit on February 28th due to declining...more
In the wake of the tragic condominium building collapse in Surfside, Florida, Fannie Mae issued new temporary eligibility guidelines for loans insured by Fannie Mae for condominium units or co-op apartments which are...more
1/27/2022
/ Condominiums ,
Consumer Financial Products ,
Fannie Mae ,
Financial Regulatory Reform ,
Financial Services Industry ,
Housing Market ,
Lender Letters ,
Maintenance ,
Mortgage Lenders ,
Mortgages ,
Regulatory Requirements ,
Repairs
On Tuesday, December 21st, the City of Chicago announced to the media a vaccine mandate for certain indoor public areas pursuant to Order of the Commissioner of Health of the City of Chicago No. 2021-2. The vaccine mandate...more
12/28/2021
/ Americans with Disabilities Act (ADA) ,
City of Chicago ,
Coronavirus/COVID-19 ,
Entertainment Venues ,
Hospitality Industry ,
Immunization Records ,
Masks ,
Religious Exemption ,
Resorts & Restaurants ,
State and Local Government ,
Vaccinations
On Thursday, November 12, Mayor Lightfoot issued a Stay-at-Home Advisory (“Advisory”) to all Chicago residents due to the rapid increase of COVID-19 cases and hospitalizations in the City of Chicago. Here is a summary of...more
An otherwise peaceful and playful day this past summer at a southern Illinois homeowners association pool turned ugly when a resident with a history of behavioral problems became offended at a perceived slight. In...more
Effective January 1, 2015, Section 18.4 of the ICPA was amended to permit a condominium Board of Directors to adopt and amend its rules and regulations to allow for electronic delivery of notices and other communications...more
On March 21, 2014, the Illinois Appellate Court entered a Rule 23 Order in Palm vs. 2800 Lake Shore Drive Condominium Association ("Palm II"). A Rule 23 Order may not be cited as precedent in other cases in Illinois courts,...more
On March 20, 2014, the Illinois Supreme Court published its court ruling in Spanish Court Two Condominium Association v. Lisa Carlson, 2014 IL 115342, which reversed a lower court’s opinion that a unit owner may raise as a...more
Chicago Financial Books and Records Disclosure Ordinance (Effective January 15, 2014) -
Levenfeld Pearlstein, LLC Partner Howard S. Dakoff testified on January 8, 2013, before the City of Chicago Committee on Housing...more
Chicago Tribune Condo Adviser columnist Howard Dakoff on the factors behind modifying a unit to aid disabled owners. Howard is a partner in the Community Associations Practice Group of Levenfeld Pearlstein, LLC....more
Chicago Tribune Condo Adviser columnist Howard Dakoff discusses the way in which "super" board members who go above and beyond the call of duty could be compensated for their extra service. Howard is a partner in the...more
Chicago Tribune Condo Adviser columnist Howard Dakoff on how condo owners may address concerns arising from water infiltration in their homes. Howard is a partner in the Community Associations Practice Group of Levenfeld...more
Chicago Tribune Condo Adviser columnist Howard Dakoff explains why you are out of luck if your condo board member doesn't pay up. Howard is a partner in the Community Associations Practice Group of Levenfeld Pearlstein, LLC....more
Chicago Tribune Condo Adviser columnist Howard Dakoff describes what to do when complaints to a condo board aren't in writing. Howard is a partner in the Community Associations Practice Group of Levenfeld Pearlstein, LLC....more
Chicago Tribune Condo Adviser columnist Howard Dakoff explains why there's not always a one size fits all formula for calculating town home assessments. Howard is a partner in the Community Associations Practice Group of...more
Chicago Tribune Condo Adviser columnist Howard Dakoff explains what happens when condominium rules are violated.
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Chicago Tribune Condo Adviser columnist Howard Dakoff on how association and unit owners may address concerns over adjacent developments, and the likelihood they could object....more
Chicago Tribune Condo Adviser columnist Howard Dakoff on the benefits of, and myths surrounding, loans backed by the Federal Housing Administration....more