Uncollected assessments could cost your association money

Illinois law allows condominiums and homeowners associations to take possession from owners that are delinquent on assessments. Associations are allowed to collect rent from existing tenants or rent the unit and apply that rent against past due assessments. A new owner may only be required to pay the last six month of delinquent dues and fees.

We will find your new tenant at no upfront cost to your association. We are only due a commission when the new tenant, you approve, has signed a lease, completed required paperwork and paid all the fees and or deposits required to move in.

If your association does not have an attorney, we know several attorneys that work with HOA's to collect delinquent fees from unit owners. From a demand letter to litigation to remove the owner, there are some strong options for HOAs and most of them allow for the HOA to have the unit owner pay the Association attorney's fees. We can give you that list so reach out to them and find one that meets your needs.

Chicago Apartment and Condo Leasing Team brings over thirty years of leasing experience and a proven marketing plan that can be started the day we meet.  Our business is sales and leasing not property management so we work for and with your management business without conflicts.

Baird & Warner It's easier here.