The Village of Oak Park | 123 Madison St.  Oak Park, IL 60302 | village@oak-park.us

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Seminar to focus on changes to condo laws

June 18, 2018 - Local housing officials are conducting a free seminar for condominium owners and association board members to focus on changes to Illinois' Condominium Property Act.

The seminar will take place from 7 to 8:30 p.m. on Thursday, June 28 in Room 101 at Village Hall, 123 Madison Street. The event is hosted by the Village's Neighborhood Services Division and Mastercare Building Services

Attorney Gabriella Comstock of Keough & Moody, a law firm that provides legal services for condominium and homeowners’ associations, will guide attendees through recent changes to the state law related to the following:

  • Disposition of surplus funds over actual expenses
  • Sale of the property (deconversions)
  • Increases in regular or special assessments
  • Contracts with board members
  • Rules permitting voting by mail in ballot or electronic voting
  • Capital improvement projects
  • Generally accepted accounting principles
  • Association records to be maintained
  • Legal combination of units
  • Rules requiring unit owner contact list

For more information about the seminar, call 708.358.5410 or email housing@oak-park.us.

The Village of Oak Park administers a wide range of support programs for residents through the Neighborshood Services Division. Find more information about Oak Park's housing programs at www.oak-park.us/housing.

Click the image below to download an informational flyer about the condo law seminar: