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"Ask the Expert"
Our 6 units have the same ownership percentage though some units are much larger. How can we change this?
Q. I live in a 6 unit condo building. Our Bylaws state that each condo has 16.67% of ownership in common elements. The issue is my unit is 1175 sq feet and the 2nd of 3 floors. My neighbor has a 1st floor 2000 sq feet duplex down condo and WE PAY THE SAME IN PROPERTY TAX.
Q. Our 4 unit condo officers have continually disregarded the Declaration and By-laws and have, instead, carried on the business of running our association in a "freestyle" manner,using our governing documents to their advantage and only as they see fit.
Q. Is there a minimum number of board members that an association must have to comply with the IL Condo Act?