Q. I'm a unit owner in a new building as of 2018 and we don't have our PINs yet and need them desperately. 

The condo association has decided to split the potential tax bill by square footage which is totally unfair to me because I own a store front and paid less than half of everyone else.  How should the property taxes be handled?

A. When a condo building includes both commercial and residential units, there are two ways for a developer to record the condominium documents. Depending on how your condominium was recorded, there may be a very straightforward answer to this question.

This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.

Search Articles...

Membership Plans

Subscribe to the Chicago Condo Resource to access our Members Only Content.

Subscribe to Newsletter

Seminars & Events

Tue Dec 07 @12:00PM - 01:00PM
Challenging Times Create Opportunities While Difficult Times Define You
Tue Dec 07 @ 6:00PM - 07:00PM
Condominium Deconversions
December 2021
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31