Q. What sorts of mortgagee approvals are used and needed as stated in the following excerpt? (See within the double quotations):

The IL Condo Act states:

27. (a) If there is any unit owner other than the developer, the condominium instruments shall be amended only upon the affirmative vote of 2/3 of those voting or upon the majority specified by the condominium instruments, together with the approval of any mortgagees required under the provisions of the condominium instruments, ""except in cases where this Act provides different methods of amendment or with respect to property whose declaration is recorded on or after July 1, 1984,""

A. The portion of the Act that you are quoting is incomplete.  The complete text is as follows:

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"Ask the Expert"

We hired an exterminator but we still have a rodent problem. What else can we do?

Q: Rats live in the parking lot of our building, and have done damage to the wires of vehicles parked there.  Our board has hired an exterminator for the past 7 years. What else can we do about the rodent problem?

Are all not-for-profits tax exempt?

Q: Our condo association is a not-for-profit.  Does this mean we are tax exempt?