Legal Question in Real Estate Law in Illinois
Homeowners By-Laws and Declarations of Covenents, Conditions, Easements and Rest
In regards to an Association Board of Directors, how
much power is given to such to make changes withoutthe
council being aware of such changes
1 Answer from Attorneys
Re: Homeowners By-Laws and Declarations of Covenents, Conditions, Easements and
The answer depends upon and is found in the Association's Declaration. The Declaration is like our federal Constitution, it is the "law of the land" for the association, subject only to municipal, state and federal law.
The Declaration should spell out the rights & duties of the board and of the association members.
I recently won a case where a Board of Directors raised the late fee associated with an untimely payment of association dues because the Board was w/out authority to raise the rates w/out a vote of the association members.
If you have any questions, please feel free to call.
-- Kenneth J. Ashman; 312-848-1700; [email protected]