Legal Question in Landlord & Tenant Law in Illinois

Our condo board sold common area hall space to a unit owner (also a board member) for a few hundred dollars in a Chicago Gold Coast condo. The reason was to give the owner additonal square footage for a renovation project. Residents protested strongly insisting the association should receive fair market value for approx. 30 square feet but the board said thier decision of a few hunderd dollars (an amount determined in private) was final and they rushed it through without a vote by all residents. Is this legal? I'm considering funding my own suit against the board/association to get fair market value for the space but do I have a case? If I win does the association pay my legal tab?


Asked on 3/06/10, 1:28 pm

1 Answer from Attorneys
Stephen Messutta

There's a pretty good article on it at the following URL. Otherwise the declaration and by-laws need to be reviewed for specific permissions or prohibitions.

http://www.knucklesassociates.com/commonelementsarticle.pdf

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Answered on 3/13/10, 6:25 am


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